US STOCKS-Wall St set to open higher as commodities gain
* China factory PMI falls to 6-1/2-year low
* Brent crude oil rises toward $50 a barrel
* Intel up after Bernstein rating upgrade
* Futures up: Dow 29 pts, S&P 3 pts, Nasdaq 10 pts (Adds details, comment, updates prices)
By Abhiram Nandakumar and Tanya Agrawal
Sept 23 (Reuters) - Wall Street was set to open slightly higher on Wednesday as commodity prices recovered some ground and positive economic data from Europe helped negate the impact of weak Chinese factory data.
Copper bounced from near four-week lows on Tuesday as short sellers took profits. Brent crude oil prices inched toward $50 a barrel after data showed a decline in U.S. stockpiles last week.
Shares of oil majors Exxon and Chevron were up about 0.5 percent premarket.
Concerns about China's economic health remained after data showed factory activity in the world's second-biggest economy shrank to a 6-1/2 year low in September. China's factory activity has now shrunk for seven months in a row. Continuación...