US STOCKS-Wall St set to open lower as oil dips

martes 13 de septiembre de 2016 08:48 GYT
 

* Oil prices fall about 2 pct on IEA report

* Apple up as Sprint reports strong demand for new iPhones

* Netflix falls after broker downgrade

* Futures down: Dow 111 pts, S&P 13.5 pts, Nasdaq 25.25 pts (Adds details, changes comment, updates prices)

By Tanya Agrawal

Sept 13 (Reuters) - Wall Street looked set to open lower on Tuesday as oil prices fell and investors reassessed the possibility of a near-term rise in U.S. interest rates.

Oil prices were down about 2 percent after the International Energy Agency said a sharp slowdown in global oil demand growth, meant the crude market will be oversupplied at least through the first six months of 2017.

U.S. stocks racked up their strongest gain in two months on Monday after Federal Reserve Board Governor Lael Brainard stuck to her dovish stance on interest rates and urged caution about removing monetary stimulus too quickly.

However, any sense of calm in markets looked fragile after three volatile trading days, especially on Friday, that saw bond yields soar and stocks rack up heavy losses on concerns that the Fed would raise interest rates at it Sept 20-21 meeting.   Continuación...