US STOCKS-Futures slightly lower after oil rally takes a breather

martes 17 de mayo de 2016 07:28 GYT
 

* Futures down: Dow 13 pts, S&P 2.5 pts, Nasdaq 1.5 pts

By Yashaswini Swamynathan

May 17 (Reuters) - U.S. stock index futures were slightly lower on Tuesday as oil prices steadied after touching a six-month high.

* Oil prices were off about 0.2 percent after rallying nearly 3 percent to a shade below $50 as supply disruptions in Nigeria and positive outlook from Goldman Sachs boosted risk appetite.

* Wall Street closed up 1 percent on Monday, also boosted by a jump in Apple's shares. Apple was up 0.7 percent at $94.55 in premarket trading on Tuesday.

* Investors will look out for data scheduled to be released at 8:30 a.m. ET (1230 GMT). U.S. consumer prices likely rose 0.3 percent in April, after rising 0.1 percent in March. Housing starts likely rose to 1.1 million units in April.

* Industrial production is expected to have rebounded by 0.3 percent in April from a 0.6 percent fall in March. The data is expected at 9:15 a.m. ET.

* Investors are closely watching data to assess when the Federal Reserve will raise interest rates. While some Fed officials have suggested two hikes this year, traders are pricing in only one hike at the end of the year.

* Among Fed speakers scheduled to speak today are San Francisco Fed president John Williams and Atlanta Fed president Dennis Lockhart who will speak at 12:25 p.m. ET in Washington.   Continuación...