DJI-NEW YORK, Dec 4 (Reuters) - U.S. stocks fell on Thursday as a sharp drop in oil prices sent the energy sector tumbling and disappointing profit outlooks from large companies such as Merck
The Dow Jones industrial average <.DJI> dropped 215.45 points, or 2.51 percent, to end at 8,376.24. The Standard & Poor's 500 Index <.SPX> fell 25.52 points, or 2.93 percent, to 845.22. The Nasdaq Composite Index <.IXIC> slumped 46.82 points, or 3.14 percent, to close at 1,445.56.
NYMEX-NEW YORK, Dec 4 (Reuters) - U.S. crude oil futures ended below $44 on Thursday to hit their lowest level in nearly four years on demand worries amid an economy in recession.
On the New York Mercantile Exchange, January crude
CBOT-SOYBEANS - January
economic situation weighing in addition to satisfactory crop
weather in South America and poor export sales.
CBOT-SOYOIL - December
Census Bureau said U.S. soyoil stocks 2.404 billion lbs at the end of October, below the 2.483 billion at the end of September.
FCPO-JAKARTA, Dec 4 (Reuters) - Malaysian palm futures closed down nearly 5 percent on Thursday following bearish forecasts from top industry analysts and signs of slowing demand.
The benchmark February palm oil contract
Other traded contracts fell between 65 ringgit and 94 ringgit. Overall volume was 9,133 lots of 25 tonnes each.
REGIONAL EQUITIES-BANGKOK, Dec 4 (Reuters) - Jakarta stocks rose more than one
percent on Thursday, boosted by a surprise cut in interest rates, while other Southeast Asian markets ended steady with investors still uneasy about prospects for the global economy.
Singapore <.FTSTI> edged up 0.2 percent, while the Philippine index <.PSI> fell 0.8 percent. Vietnam shares <.VNI> climbed 0.8 percent, snapping a three-day losing run.
In Kuala Lumpur, plantation stocks, one of the most heavily weighted on the index, shrank as crude palm oil prices slid further. The index fell 0.1 percent.
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