DJI-NEW YORK, Sept 26 (Reuters) - U.S. stocks ended mostly higher on Friday as big bank shares staged a late rally on hopes lawmakers would hammer out an agreement on a $700 billion financial-sector rescue plan this weekend.
The Dow Jones industrial average <.DJI> was up 121.07 points, or 1.10 percent, at 11,143.13. The Standard & Poor's 500 Index <.SPX> was up 4.09 points, or 0.34 percent, at 1,213.27. But the Nasdaq Composite Index <.IXIC> was down 3.23 points, or 0.15 percent, at 2,183.34.
NYMEX-NEW YORK, Sept 26 (Reuters) - U.S. crude oil futures settled lower on Friday, pressured by uncertainty as the wrangling in Washington over a bailout plan for the financial continued in the wake of another bank failure.
On the New York Mercantile Exchange, November crude
CBOT-SOYBEANS - November
Declines in crude oil weigh on the market, reflecting more long liquidation. Buyers remain hesitant amid worries about fate of the U.S. economy as bank bailout talks drag on.
SOYOIL - October
FCPO-KUALA LUMPUR (Dow Jones)--Crude palm oil futures on Malaysia's derivatives exchange ended 1.4% higher in choppy trade Friday amid liquidation pressure, said
trade participants.
The benchmark December contract on the Bursa Malaysia Derivatives ended MYR33
higher at MYR2,313 a metric ton after reaching an intraday high of MYR2,324/ton.
REGIONAL EQUITIES-SINGAPORE, Sept 26 (Reuters) - Most Southeast Asian stock markets fell on Friday as investors fretted over a stalemate on the U.S. government's planned $700 billion bailout for the financial industry, pushing down property plays in Singapore.
Indonesia <.JKSE> dropped 1.3 percent on banks and resources, while Malaysia <.KLSE> and Thailand <.SETI> edged 0.4 percent down. Hong Kong's Hang Seng <.HSI> fell 1.3 percent, while Japan's Nikkei <.N225> dropped 0.9 percent.
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