US STOCKS-Energy, banks push Wall St higher, Intel limits gains

miércoles 19 de octubre de 2016 11:40 GYT
 

* Oil prices rise on surprise drop in crude stockpiles

* Intel drags on indexes after disappointing forecast

* Morgan Stanley rounds off strong quarter for big banks

* Indexes up: Dow 0.42 pct, S&P 0.31 pct, Nasdaq 0.07 pct (Adds details, comments, updates prices)

By Yashaswini Swamynathan

Oct 19 (Reuters) - A rise in energy and financial stocks pushed Wall Street higher on Wednesday, but a drop in consumer staples and Intel limited gains, especially on the Nasdaq.

Intel tumbled nearly 6 percent and was the biggest drag on all three indexes, after the chipmaker's disappointing current-quarter revenue forecast. The Philadelphia SE Semiconductor index dipped 0.8 percent.

Oil prices surged more than 2 percent after a report showed an unexpected drop in U.S. crude stockpiles.

The energy sector jumped 1.64 percent, the most in three weeks, also boosted by a 5.2 percent rise in Halliburton following its surprise quarterly profit.   Continuación...