US STOCKS-Oil, Apple push Wall St higher

lunes 16 de mayo de 2016 09:55 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

* Indexes up: Dow 0.33 pct, S&P 0.31 pct, Nasdaq 0.41 pct (Updates to open)

By Tanya Agrawal

May 16 (Reuters) - Wall Street opened slightly higher on Monday, following a bruising week, helped by Apple and a surge in oil prices.

Apple shares rose 1.6 percent to $91.96 after Warren Buffett's Berkshire Hathaway reported a stake worth about $1 billion in the iPhone maker.

Oil jumped over 3 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.   Continuación...