US STOCKS-Wall St set to open little changed after bruising week

lunes 16 de mayo de 2016 09:02 GYT
 

* Oil prices highest since November 2015

* Apple rises after Buffett reports stake in company

* Anacor Pharma jumps after receiving $5.2 bln buyout offer

* Futures: Dow down 4 pts, S&P up 0.5 pts, Nasdaq up 7 pts (Adds details, comment, updates prices)

By Tanya Agrawal

May 16 (Reuters) - Wall Street looked set to open little changed on Monday, following a bruising week, as oil prices rose to their highest in more than six months.

Oil jumped over 2 percent to its highest since November 2015 on growing Nigerian output disruptions and after Goldman Sachs said the market had ended almost two years of oversupply and flipped to a deficit.

U.S. stocks fell on Friday as gloomy quarterly reports from retailers overshadowed upbeat April retail sales data, leaving the Dow and the S&P 500 lower for the third straight week.

"The market has been shaken by the depth and breadth of the negativity coming out of the retailing stocks," said Andre Bakhos, managing director at Janlyn Capital LLC in Bernardsville, New Jersey.   Continuación...