September 27, 2016 / 1:02 PM / 2 years ago

US STOCKS-Wall St set to rise as Clinton seen winner of debate

* Poll shows Clinton wins first presidential debate

* U.S. shares of Deutsche Bank sink to record low

* Oil prices drop 2.7 pct, dollar index rises

* Futures up: Dow 45 pts, S&P 1.75 pts, Nasdaq 4.5 pts (Adds details, comments, updates prices)

By Yashaswini Swamynathan

Sept 27 (Reuters) - Wall Street was set to open higher for the first time in three days on Tuesday as investors saw Hillary Clinton as the winner of the first presidential debate with Donald Trump.

Investors have tended to see Clinton as the candidate of the status quo, while few are sure what a Trump presidency might mean for U.S. foreign policy, international trade deals or the domestic economy.

A CNN/ORC snap poll said 62 percent of respondents felt Clinton won and 27 percent believed Trump was the winner. Global shares rose after the debate, while the Mexican peso jumped 2 percent against the dollar.

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

“Volatility is going to be the norm, not the exception over the next several weeks,” said Art Hogan, chief market strategist at Wunderlich Equity Capital Markets in New York.

Wall Street closed lower in volatile trading on Monday as Deutsche Bank dragged down financial stocks.

The German lender’s U.S. stock touched a record low in premarket trading on Tuesday, pulling down U.S.-listed shares of Credit Suisse, RBS and UBS.

Investors will be closely following a speech by Federal Reserve Vice Chairman Stanley Fischer for hints on the timing of the next interest rate hike.

Fischer, who has taken a hawkish stance on interest rates, is scheduled to speak at Howard University at 11:15 a.m. ET (1515 GMT).

Data on tap includes a report from the Conference Board, which is expected to show that the consumer confidence index dropped to 99 this month from 101.1 in August. The report is due at 10:00 a.m. ET.

Dow e-minis were up 45 points, or 0.25 percent at 8:27 a.m. ET, with 36,707 contracts changing hands.

S&P 500 e-minis were up 1.75 points, or 0.08 percent, with 264,713 contracts traded.

Nasdaq 100 e-minis were up 4.5 points, or 0.09 percent, on volume of 37,535 contracts.

“Today maybe a day of catching a bit of a rebound after two days of pullback and people’s interpretation of the debate,” Hogan said.

Oil prices fell 2.7 percent as hopes of a deal emerging from a producers’ meet in Algeria faded. The dollar index rose 0.22 percent.

Shares of Amgen dropped 2.15 percent to $169.80 after the drugmaker said its multiple myeloma drug was not found to be superior to Takeda’s Velcade in a late-stage study in previously untreated patients.

Gilead fell 1.39 percent to $79.50 after Leerink downgraded the drugmaker’s stock to “market perform”.

Kite Pharma jumped 11.5 percent to $61.46 after the company said its experimental CAR T-cell therapy was highly effective in treating aggressive non-Hodgkin lymphoma.

Pipeline operator Sunoco dropped 8 percent to $26.78 after it agreed to buy Vitol Group’s crude oil unit in Permian Basin in West Texas for $760 million. (Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Anil D’Silva)

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