US STOCKS-Wall St set for higher open as oil prices steady

miércoles 17 de febrero de 2016 09:50 GYT

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By Abhiram Nandakumar

Feb 17 (Reuters) - U.S. stock indexes were set to open higher on Wednesday, setting the stage for a third straight day of gains as oil prices rose and investors snatched up beaten-down shares.

Wall Street closed with solid gains on Tuesday, with the benchmark S&P 500 index staging its best two-day gain since late August.

Still, the S&P 500 has fallen 7.3 percent this year due to slumping oil prices, fears of a China-led slowdown in global growth and uncertainty about central bank policies.

Investors will watch oil as a barometer of broader market sentiment on Wednesday, in particular how a proposal from top exporters Russia and Saudi Arabia to freeze output is greeted by Iran, which is determined to raise production.   Continuación...