US STOCKS-Wall St propped up by tech stocks

martes 27 de septiembre de 2016 10:01 GYT
 

* Alphabet up on JPMorgan price-target raise

* Oil prices drop 2.8 pct, dollar index rises

* Indexes up: Dow 0.14 pct, S&P 0.09 pct, Nasdaq 0.2 pct (Updates to open)

By Yashaswini Swamynathan

Sept 27 (Reuters) - Wall Street was higher for the first time in three days on Tuesday as a rise in technology stocks helped offset losses in energy shares.

Google parent Alphabet rose 0.7 percent after JPMorgan raised its price target on the stock, driving the S&P 500 technology index up 0.4 percent.

However, oil prices fell 2.8 percent to $46.05 as hopes for a deal to cut output faded. The S&P 500 energy index dropped 1.22 percent.

With just six weeks until Election Day, some investors see a toss-up contest creating volatility in certain sectors, including health insurers, drugmakers and industrials.

Investors are digesting Hillary Clinton's apparent win over Donald Trump in Monday's first presidential debate.   Continuación...