US STOCKS-Wall St rises as oil soars on hopes of output cut

jueves 28 de enero de 2016 10:48 GYT
 

* Facebook, Under Armour, Caterpillar up after strong results

* EBay, Juniper Networks sink after weak results

* Dec. durable goods orders decline, widely missing estimates

* Indexes up: Dow 0.71 pct, S&P 0.95 pct, Nasdaq 1.32 pct (Updates to open)

By Abhiram Nandakumar

Jan 28 (Reuters) - Wall Street was higher on Thursday morning, tracking a surge in crude oil prices, a day after the U.S. Federal Reserve gave little indication of slowing the pace of future rate hikes.

Crude was up nearly 6 percent after Russian officials decided to talk to Saudi Arabia and other OPEC countries about cutting output to boost prices.

The Fed kept interest rates unchanged and said it was "closely monitoring" global economic and financial developments, while keeping an optimistic view of the U.S. economy.

U.S. stocks closed sharply lower on Wednesday, with the S&P 500 falling more than 1 percent, after the Fed's statement failed to impress some investors.   Continuación...