US STOCKS-Wall St up as energy, materials gain from oil price rally
* Oil prices up 5 pct, hit session highs
* Kinder Morgan up after Berkshire reports stake
* Fossil, Priceline up after results beat estimates
* Indexes up: Dow 1.34 pct, S&P 1.39 pct, Nasdaq 1.67 pct (Adds details, changes comment, updates prices)
By Abhiram Nandakumar
Feb 17 (Reuters) - Wall Street was on track for a third straight day of gains on Wednesday, led by energy and materials stocks as oil prices rallied.
Nine of the 10 major S&P sectors were higher, led by the 2.41 percent rise in the materials sector.
The benchmark S&P 500 index staged its best two-day gain since late August over the past two days as investors snatched up beaten-down shares.
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. Continuación...