US STOCKS-Wall St slightly higher as oil rises

martes 12 de abril de 2016 09:56 GYT
 

* Alcoa drops after revenue misses estimates

* Juniper Networks down after weak forecast

* Dow up 0.25 pct, S&P up 0.19 pct, Nasdaq down 0.02 pct (Updates to open)

By Abhiram Nandakumar

April 12 (Reuters) - Wall Street was slightly higher on Tuesday as a surge in oil drove gains in energy stocks.

Benchmark Brent edged up over $43 per barrel on hopes that a meeting of major producers on Sunday would result in a deal to curb a persistent global oversupply.

Shares of Alcoa were down 4.5 percent at $9.29 after the company's lackluster quarterly results.

Investors will turn their attention to corporate earnings over the next several weeks, amid turbulent global markets and the uncertainty surrounding the U.S. Federal Reserve's plan to raise interest rates.

"The market has been in a small consolidating phase, biding time and waiting for the next driver that will dictate the next move in equities," said Andre Bakhos, managing director at Janlyn Capital in Bernardsville, New Jersey.   Continuación...