DJI-NEW YORK, Aug 29 (Reuters) - U.S. stocks tumbled on Friday, led lower by tech shares after computer maker Dell warned that companies worldwide are cutting back on technology spending.The Dow Jones industrial average <.DJI> was down 171.47 points, or 1.46 percent, at 11,543.71. The Standard & Poor's 500 Index <.SPX> was down 17.93 points, or 1.38 percent, at 1,282.75. The Nasdaq Composite Index .IXIC> was down 44.12 points, or 1.83 percent, at 2,367.52.
NYMEX-NEW YORK, Aug 29 (Reuters) - U.S. crude oil futures ended lower on Friday,dragged down by front-month gasoline and heating oil futures which fell before expiring at the close.Some traders also saw the stronger dollar fueling some selling, despite worries over storm Gustav which was upgraded to a Category 1 hurricane after the market closed and forecast to hit energy operations in the Gulf of Mexico early next week.On the New York Mercantile Exchange, October crude ended down 13 cents, or 0.11 percent, at $115.46 a barrel, after trading from $115 to $118.76.
CBOT-SOYBEANS - September down 1/2 cent at $13.32 per bushel; new-crop November unchanged at $13.24.Ends mixed in choppy, pre-holiday trade, pressured from
early rally as crude oil came off day's highs. Lingering pressure from beneficial rains this week in the western U.S.Midwest crop belt, although east stays dry.
SOYOIL - September up 0.06 cent at 53.40 cents per lb; December up 0.12 at 54.20 cents.Choppy, seeking direction from fluctuating soybean and
crude oil markets.
FCPO-KUALA LUMPUR, Aug 29 (Reuters) - Malaysian crude palm oil futures soared 6.1 percent on Friday, clawing back heavy losses earlier in the week, as strength in crude oil markets seeped into global vegetable oil prices, traders said.Chicago soyoil gained 1.2 percent in Asian trade while Dalian soyoil for January 2009 delivery jumped 2.4 percent following oil's $1-plus leap ahead of Tropical Storm Gustav in the United States.The benchmark November contract settled up 150 ringgit to 2,620 ringgit ($772) per tonne.
REGIONAL EQUITIES-JAKARTA, Sept 1 (Reuters) - Singapore stocks led a regional decline on Monday, as banks including DBS Group dragged the market lower, while a small bomb blast in central Bangkok hit Thai stocks. Singapore's Straits Times Index fell 0.95 percent.Thailand's SET index ended down 1.35 percent
Indonesian stocks and the Philippine index were barely moved, each closing down just 0.06 percent. Stock markets in Malaysia and Vietnam were closed for holidays.
USD-LONDON, Sept 1 (Reuters) - The dollar rose on Monday to its highest this year against a basket of major currencies, boosted by a sharp fall in oil prices, while sterling extended its recent slide and fell to new record lows against the euro.
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2011 News
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