US STOCKS-Oil rebound nudges Wall St higher

miércoles 20 de abril de 2016 12:53 GYT

* Crude recovers after U.S. stockpiles data

* Coca-Cola sinks as quarterly sales drop

* VMWare, Discover Financial jump after earnings beat

* Indexes up: Dow 0.37 pct, S&P 0.24 pct, Nasdaq 0.35 pct (Updates to early afternoon)

By Abhiram Nandakumar

April 20 (Reuters) - Wall Street edged up on Wednesday as a rebound in oil prices added to the optimism sparked by a raft of earnings reports that beat tempered expectations.

Crude reversed course sharply and gained about 2 percent after a report showed U.S. inventories grew less than expected last week.

A three-day strike by Kuwaiti workers had driven prices higher and helped the S&P 500 breach 2,100 on Tuesday, about 30 points shy of its record high.

Investors are focused on the earnings season as they seek catalysts that will drive stocks. Big-bank earnings reports last week were better than expected and helped lift sentiment, even though expectations for profit growth this quarter are bleak.   Continuación...