US STOCKS-Wall St pulls back losses as oil prices recover

jueves 2 de junio de 2016 11:37 GYT

* US crude inventory data helps dilute OPEC impact

* Labor data encouraging; Friday's payrolls data awaited

* Apple drops on Goldman price target cut

* Indexes down: Dow 0.13 pct, S&P 0.17 pct, Nasdaq 0.06 pct (Adds details, changes quotes, updates prices)

By Yashaswini Swamynathan

June 2 (Reuters) - U.S. stocks clawed back some losses on Thursday morning as crude oil prices pulled back after data showed a drop in domestic stockpiles.

Oil prices had dropped about 2 percent earlier after the OPEC failed to reach a deal to freeze output, but the U.S. inventory data helped pare back losses to a fall of about 0.5 percent.

The S&P energy index was down 0.93 percent, with Exxon and Chevron both lower by more than 1 percent.

Data on Thursday showed U.S. private employers increased hiring in May and new applications for jobless benefits fell last week, further boosting the economic outlook for the second quarter.   Continuación...