US STOCKS-Wall St rises on gains in financial, energy stocks

lunes 19 de septiembre de 2016 11:30 GYT
 

* Fed's monetary policy meet starts Tuesday

* Oil prices rise more than 2 pct

* Sarepta soars after FDA approve muscle drug

* Indexes up: Dow 0.50 pct, S&P 0.43 pct, Nasdaq 0.26 pct (Adds details, comments, updates prices)

By Yashaswini Swamynathan

Sept 19 (Reuters) - Wall Street was higher on Monday, lifted by financial and energy stocks, a day before the Federal Reserve meets to discuss interest rates.

The central bank is expected to leave rates unchanged at the two-day meeting, but investors will assess Fed Chair Janet Yellen's speech on Wednesday for clues on the timing of the next rate hike.

The probability of a December move shot up to 70 percent in the past month from 57.5 percent in the previous month, according to a Reuters poll of over 100 economists.

The S&P 500 financial index rose 0.97 percent, topping 10 of 11 major sectors trading higher. The index lost 1.3 percent last week, partly due to some Fed officials striking a dovish stance on rates.   Continuación...