US STOCKS-Dow, S&P 500 down but off day's lows; Nasdaq edges up

martes 9 de diciembre de 2014 14:38 GYT

* Verizon, telecoms weigh

* Tech shares edge higher

* Dow down 0.5 pct, S&P down 0.3 pct, Nasdaq up 0.2 pct (Updates to early afternoon, changes byline)

By Caroline Valetkevitch

NEW YORK, Dec 9 (Reuters) - The Dow and S&P 500 were down but well off the day's lows in early afternoon trading on Tuesday, helped by gains in tech and energy shares, while the Nasdaq edged higher.

All three indexes pared losses after midday, with the S&P 500 cutting its decline in half. Apple shares were up 0.7 percent and among the biggest boosts to the S&P 500 and Nasdaq.

Brent crude rebounded to climb 0.3 percent after it touched a fresh five-year low of $65.29 on Tuesday. Oil prices have been under pressure as the dollar strengthened and OPEC decided against an output cut, with Brent down more than 40 percent from its June high. The S&P energy index was up 0.3 percent after losing 3.9 percent on Monday.

Concerns about the impact of lower oil prices on the global economy and political turmoil in Greece weighed on the market.

For the S&P 500, the drop in oil has weighed heavily on earnings estimates for energy companies.   Continuación...