US STOCKS-Wall St higher as manufacturing activity rebounds

jueves 25 de febrero de 2016 10:55 GYT

* Durable goods orders rebound strongly in Jan

* Salesforce up after raising revenue forecast

* HP Inc down after profit forecast misses estimates

* Indexes up: Dow 0.42 pct, S&P 0.41 pct, Nasdaq 0.03 pct (Updates to open)

By Abhiram Nandakumar

Feb 25 (Reuters) - Wall Street was slightly higher in choppy trading on Thursday morning as data showed an uptick in U.S. manufacturing activity, but gains were limited by a drop in oil prices.

Orders for durable goods rose 4.9 percent in January, beating the 2.5 percent estimated, as demand picked up across the board.

Crude prices, the major stock market driver this year, swung lower as a global oversupply offset strong U.S. gasoline demand.

Fears are also increasing about the impact of low oil prices hitting the financial sector, with banks preparing for a wave of defaults from oil and gas companies.   Continuación...