US STOCKS-Futures rise as crude prices rebound

miércoles 9 de marzo de 2016 08:12 GYT

* Futures up: Dow 81 pts, S&P 9.5 pts, Nasdaq 23 pts

By Abhiram Nandakumar

March 9 (Reuters) - U.S. stock index futures were higher on Wednesday, tracking a rise in oil prices, even as investors remained wary of weakness in the global economy, led by China.

* Benchmark Brent rose above $40 a barrel in anticipation that the world's largest exporters would agree to freeze production and help reduce a massive oversupply.

* Crude prices, which have been a major influence on stocks this year, have rallied sharply in recent days. However, industry watchers remain skeptical of a sustained recovery due to the glut.

* Markets worldwide were lower on Wednesday as investors fretted about global economic conditions ahead of central bank meetings on monetary policies.

* While recent data has pointed to a recovery in the U.S. economy, reports out of Asia and the euro zone continue to paint a picture of faltering growth.

* The European Central Bank, which will meet later this week, is expected to increase its stimulus program.

* While the U.S. Federal Reserve is not expected to raise interest rates at its meeting on March 15-16, the central bank has said it is on track to raise rates gradually this year.   Continuación...