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