US STOCKS-Wall St set to open lower as oil rally fades

martes 23 de febrero de 2016 09:54 GYT
 

* Crude, metal prices fall

* Fitbit sinks on weak forecast

* Western Digital down after China investor pulls out

* Futures down: Dow 12 pts, S&P 3.5 pts, Nasdaq 14.75 pts (Adds details, comment, updates prices)

By Abhiram Nandakumar

Feb 23 (Reuters) - Wall Street was set to open slightly lower on Tuesday as a brief rally in oil and other commodities lost steam, dashing hopes of a sustained recovery from this year's brutal selloff.

Stocks have moved in tandem with volatile oil prices, failing to stage firm rallies, as investors see tepid demand for energy as a sign of broader global economic weakness.

Crude oil and metal prices resumed their slide on Tuesday, while gold recovered some ground.

"(The market is) still groping for direction," said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida.   Continuación...