US STOCKS-Wall St up as bargain hunters snap up beaten-down stocks

martes 16 de febrero de 2016 12:05 GYT
 

* Financials, consumer discretionary gains

* ADT surges on Apollo Global buyout offer

* Community Health slumps after unexpected loss

* Indexes up: Dow 0.52 pct, S&P 0.72 pct, Nasdaq 1.22 pct (Adds details, changes comment, updates prices)

By Tanya Agrawal

Feb 16 (Reuters) - Wall Street was higher on Tuesday morning, extending a rally from Friday, as cautious investors looked for bargains among beaten-down stocks.

Nine of the 10 major S&P sectors were higher, with the consumer discretionary index's 1.07 percent rise leading the advancers.

Banks again gained. Bank of America rose 2.3 percent and Citigroup gained 2.7 percent. The S&P financial index posted its largest daily percentage gain since November 2011 on Friday.

Consumer discretionary, technology and health stocks are down more than 9 percent this year. Only the financials' 13 percent drop is worse.   Continuación...