US STOCKS-Wall Street set to open higher

miércoles 14 de septiembre de 2016 09:11 GYT

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By Yashaswini Swamynathan

Sept 14 (Reuters) - Wall Street looked set to open slightly higher on Wednesday after a steep selloff a day earlier and in tandem with the recent oscillation as investors fret over monetary policy.

Rising bond yields, sparked in part by deepening worries over the difficulty of the world's major central banks to stimulate growth, have kept investors in broadly risk-off mode.

U.S. stocks have swung wildly since Friday on contrasting comments from Federal Reserve officials on whether the central bank would raise interest rates at its Sept. 20-21 meeting.

The benchmark S&P 500 index fell 1.4 percent on Tuesday after having gained by a similar measure on Monday. The index had fallen 2.45 percent on Friday.

"The market is preparing for the worst, which is a rate hike in the U.S., and hoping for the best," said Andre Bakhos, managing director at Janlyn Capital.   Continuación...