US STOCKS-Dow and S&P edge lower; health stocks prop up Nasdaq

martes 31 de mayo de 2016 11:49 GYT

* April consumer spending up 1 pct vs est. 0.7 pct rise

* Apple down 0.4 pct, Boeing and Disney down 1.3 pct

* Celator jumps over 70 pct after agreeing to be acquired

* Dow down 0.39 pct, S&P down 0.14 pct, Nasdaq up 0.16 pct (Adds details, changes comments, updates prices)

By Yashaswini Swamynathan

May 31 (Reuters) - Wall Street gave up early gains on Tuesday, but all three major index were on track to end higher for the month, as investors mulled over economic data for clues regarding the timing of the next interest rate hike.

Stronger-than-expected April consumer spending data on Tuesday bolstered Federal Reserve Chair Janet Yellen's stance on Friday that a rate hike in the coming months would likely be appropriate given an improvement in the economy.

However, the reading on consumer confidence for May was lower than expected.

Investors now await the crucial U.S. jobs data at the end of this week. The Fed meets next on June 14-15.   Continuación...