Oil rebound nudges Wall St higher

Wall Street edged up on Wednesday as a rebound in oil prices added to the optimism sparked by a raft of earnings reports that beat tempered expectations. A three-day strike by Kuwaiti workers had driven prices higher and helped the S&P 500 breach 2,100 on Tuesday, about 30 points shy of its record high. Big-bank earnings reports last week were better than expected and helped lift sentiment, even though expectations for profit growth this quarter are bleak.