Palm | Kelapa Sawit

DJI-NEW YORK, Nov 18 (Reuters) - U.S. stocks rose on Tuesday as Hewlett-Packard's upbeat results trumped growing fears of a deepening global recession in a day of volatile trade, but much of Wall Street finished lower and oil prices fell.

Wall Street traded much of the day lower but surged in a late rally, spurred by the forecast-beating results and outlook from HP , the world's largest maker of personal computers.

But investor doubts about the fate of billions of dollars in government aid sought by General Motors Corp and the other beleaguered U.S. automakers fueled caution.

The Dow Jones industrial average <.DJI> closed up 151.17 points, or 1.83 percent, at 8,424.75. The Standard & Poor's 500 Index <.SPX> added 8.37 points, or 0.98 percent, at 859.12. The Nasdaq Composite Index <.IXIC> was up 1.22 points, or 0.08 percent, at 1,483.27.

NYMEX-NEW YORK, Nov 18 (Reuters) - U.S. crude futures ended at the lowest level in nearly 22 months on Tuesday, moving in lock-step with Wall Street, where U.S. stocks lost ground on deepening economic worries.

Crude notched gains earlier as equities rose and amid talk from OPEC about another output cut, which helped crude oil bounce from another near 22-month low.

On the New York Mercantile Exchange, December crude settled down 56 cents, or 1.02 percent, at $54.39, the lowest settlement since prices ended at $54.01 on Jan. 29, 2007.

CBOT-SOYBEANS - January down 4-1/2 cents at $9.02. Profit-taking from Monday's gains and a firm dollar weighing on soy. Crude oil turning lower added pressure as did a sag in stock markets.

SOYOIL - December down 0.04 cent at 32.28 cents per lb. Pressured by drop in soy and lower crude oil market.

FCPO-KUALA LUMPUR, Nov 18 (Reuters) - Malaysian palm oil futures held modestly firmer on Tuesday but fears that export growth may not keep up with ballooning stockpiles continued to grip the market.

The benchmark February contract on the Bursa Malaysia Derivatives Exchange ended up 1 ringgit ringgit at 1,436 ringgit ($396) per tonne.

Other traded months on Bursa Malaysia <0#KPO:> traded between marginal declines and gains. Trading volume stood at 11,206 lots of 25 tonnes each.

REGIONAL EQUITY-BANGKOK, Nov 18 (Reuters) - Most Southeast Asian stock markets fell to near three-week lows on Tuesday amid fears of an intensifying global downturn

Southeast Asian stocks elsewhere tracked weaker sentiment in Asian stocks after Citigroup cut 52,000 jobs and downbeat policymaker comments reflected worsening economic conditions.

Thailand's benchmark stock index <.SETI> fell 3.0 percent to its lowest since Nov 13. Malaysia <.KLSE>, Southeast Asia's best performer this year, edged down 0.11 percent, reversing a small gain posted on Monday, as Deputy Prime Minister Najib Razak said the country was open to taking additional measures to boost the economy.

The Philippines' stock market dropped 3.42 percent to its lowest since Oct 30, with the country's biggest mall developer, SM Prime Holdings , 5.7 percent lower after announcing a plan to boost capital spending 66 percent next year.