US STOCKS-Wall St pares some gains as oil retreats

miércoles 30 de marzo de 2016 13:04 GYT

* Insurers up after Metlife deemed not "too big to fail"

* Crude prices pare most of their gains

* Indexes up: Dow 0.48 pct, S&P 0.48 pct, Nasdaq 0.46 pct (Adds details, updates prices)

By Yashaswini Swamynathan and Abhiram Nandakumar

March 30 (Reuters) - U.S. stocks rose on Wednesday, a day after Federal Reserve Chair Janet Yellen's comments eased some concerns about the path of interest rate hikes, but gains were limited by a dip in crude oil prices.

Oil prices retreated from their day's highs after a report showed a weekly build in U.S. crude inventories.

Yellen, in her first remarks since the Fed held steady on rates earlier this month, said the central bank should tread cautiously on raising rates this year.

Yellen's stance contrasts with recent comments from other policymakers who have voiced support for more than one increase this year.

Markets around the world cheered Yellen's remarks, which suggested that a rate hike was not immediately on the horizon. The dollar fell more than a percent, while bond prices rallied.   Continuación...