Investors kept trimming large-cap technology positions, pushing the tech-heavy Nasdaq Composite lower.
The Dow Jones industrial average <.DJI> lost 25.05 points, or 0.20 percent, to 12,356.21. The Standard & Poor's 500 Index <.SPX> dropped 1.09 points, or 0.08 percent, to 1,316.28. The Nasdaq Composite Index <.IXIC> fell 12.74 points, or 0.46 percent, to 2,746.16.
NYMEX-NEW YORK, May 24 (Reuters) - U.S. crude futures rebounded
nearly 2 percent on Tuesday after Goldman Sachs lifted its price forecast on Brent crude, the dollar weakened and economic data showed rising sales of U.S. single-family homes.
Trading was choppy, with gains pared around midday after after front-month July contract
On the New York Mercantile Exchange, July crude settled at $99.59 a barrel, gaining $1.89. or 1.93 percent after trading between $96.61 to $100.09.
CBOT-SOYBEANS -Chicago Board of Trade soybean futures closed mostly higher, with deferred contracts buoyed by fears that planting delays could threaten U.S. soy acreage and yield prospects, as well as spillover strength from crude oil, traders said.
Front-month July
FCPO-JAKARTA, May 24 (Reuters) - Malaysian palm oil futures edged up on Tuesday, as investors positioned themselves ahead of export data later this week, though lingering worries about euro zone debt capped gains.
The benchmark August crude palm oil contract
Traded volumes were thin at 8,104 lots at 25 tonnes each, compared with a total, and more than two-week high, at 17,205 lots from Monday.
REGIONAL EQUITIES-BANGKOK, May 24 (Reuters) - Major Southeast Asian stock markets edged higher on Tuesday as firmer global crude prices lured buyers to shares in resources and related sectors but investors were still worried about the euro zone debt crisis and its impact on global growth.
Share markets bounced off multi-week intra-day lows as foreign buyers returned to the Philippines, Malaysia and elsewhere. Analysts said risk appetite still appeared weak and the bounce in emerging markets could fizzle out quickly.
