US STOCKS-S&P 500, Dow edge up as oil holds on to gains

martes 19 de abril de 2016 10:01 GYT

* Crude up more than 1 pct as Kuwaiti oil workers strike

* Netflix sinks after poor forecast

* Dow up 0.19 pct, S&P up 0.15 pct, Nasdaq down 0.29 pct (Updates to open)

By Abhiram Nandakumar

April 19 (Reuters) - The S&P 500 and the Dow Jones industrial average were slightly higher on Tuesday as crude rose after an oil workers' strike in Kuwait hurt output.

The Nasdaq composite edged lower, weighed by a 22 percent slide in Illumina. The diagnostic test maker's shares were trading at $138.50 after its preliminary results fell short of expectations.

Crude rose more than 1 percent, shrugging off Sunday's failed talks among producers to tackle a global glut.

A recent rebound in crude, some signs of a slow recovery in the U.S. economy and the Federal Reserve's caution over raising interest rates have helped stocks rally in the last two months.

On Monday, the Dow Jones industrial average closed above the 18,000 mark for the first time since July. The S&P 500 closed just 40 points below the record high it touched last May.   Continuación...