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DJI-NEW YORK, Nov 11 (Reuters) - U.S. stocks fell on Tuesday as faltering demand at aluminum maker Alcoa and a dismal outlook from Tyco International showed the global economic slowdown is deepening.

Selling was widespread, with commodity-related shares tumbling as resources ranging from oil to silver were stung by fears that the economic gloom will curb demand and as the U.S. dollar firmed.

The Dow Jones industrial average <.DJI> dropped 176.58 points, or 1.99 percent, to 8,693.96, while the Standard & Poor's 500 Index <.SPX> shed 20.26 points, or 2.20 percent, to 898.95. The Nasdaq Composite Index <.IXIC> slid 35.84 points, or 2.22 percent, to 1,580.90.

NYMEX-NEW YORK, Nov 11 (Reuters) - U.S. crude futures settled on Tuesday below $60 a barrel for the first time since March 2007 as demand concerns deepened amid slumping equities and as the dollar strengthened.

Crude futures fell sharply even after a fresh indication from OPEC of another output cut if prices keep falling and amid signs of slowing demand from China.

On the New York Mercantile Exchange, December crude settled down $3.08, or 4.94 percent, at $59.33, the lowest settlement since $56.73 on March 20, 2007. It traded from $58.32, also the lowest since March 20, 2007, to $62.28. On the day's low, prices have fallen $88.95, or 60.4 percent, from the record $147.27 hit on July 11.

CBOT-SOYBEANS - November contract down 32 cents at $9.08 per bushel; January down 32 cents at $9.16.

Declining stock markets amid concerns about China's economy, falling crude oil and a strong dollar combine weigh on soybean futures.

China saw soybean imports nearly halve in October but shipments should bounce back in November. U.S. traders have been reporting rising export demand from China during the past few weeks.

CBOT-SOYOIL - December contract down 1.65 at 33.73 cents per lb. Pressured by weak crude oil, a strong dollar and declining equities markets.

FCPO-JAKARTA, Nov 11 (Reuters) - Malaysian palm oil futures fell more than 2 percent on Tuesday on weaker crude oil and concern over a build up in supply as demand fades, traders said.

The benchmark January contract on the Bursa Malaysia Derivatives Exchange settled down 40 ringgit, or 2.52 percent to 1,586 Malaysian ringgit ($443) per tonne on the day after trading as low as 1,571 ringgit.

REGIONAL EQUITIES-BANGKOK, Nov 11 (Reuters) - Southeast Asian stocks fell on Tuesday, hit by growing fears of a global economic slowdown, with financials and other blue chips such as Singapore's SingTel, Thailand's AIS and Malaysia's IOI Corp posting big declines.

Singapore's Straits Times index <.FTSTI> tumbled 4.1 percent.Thai stocks <.SETI> dropped 3.1 percent, led by a 6.6 percent fall in Advanced Info Service , Malaysia's index <.KLSE> shed 1.07 percent, Indonesia's <.JKSE> lost 0.3 percent and
Vietnam's index <.VNI> fell 3.9 percent to end at a one-week low.