Palm | Kelapa Sawit

DJI-NEW YORK, July 16 (Reuters) - U.S. stocks rallied for a fourth day on Thursday after JPMorgan's strong results fed growing optimism about the quarterly earnings season and technology shares rose in anticipation of more good news.

The Dow Jones industrial average <.DJI> rose 95.61 points, or 1.11 percent, to 8,711.82.

The Standard & Poor's 500 Index <.SPX> gained 8.06 points, or 0.86 percent, to finish at 940.74, and has climbed 7 percent for the week so far. The Nasdaq Composite Index <.IXIC> advanced 22.13 points, or 1.19 percent, to 1,885.03.

NYMEX-NEW YORK, July 16 (Reuters) - U.S. crude oil futures ended a seesaw session higher on Thursday, bouncing late with equities markets after conflicting data about economic recovery kept trading choppy.

On the New York Mercantile Exchange, August crude rose 48 cents, or 0.78 percent, to settle at $62.02 a barrel. Trading ranged from $60.29 to $62.18.

CBOT-SOYBEANS - August down 44-1/2 cents at $9.76 a bushel

Soybean futures fall to 3-1/2 month low on pressure from good crop weather in the United States and news China selling soy from reserves next week.

China confirms sales of 500,000 tonnes of soybean reserves next week, may get few buyers.

CBOT-SOYOIL - August down 0.32 cent at 33.80 cents per lb.

Spillover selling pressure from falling soybeans. Drop in crude oil also weighs on prices Overall volume was 22,903 lots of 25 tonnes each, more than double the usual 10,000 lots.

FCPO-JAKARTA, July 16 (Reuters) - Malaysian palm oil futures tumbled on Thursday as investors locked in profits after the market jumped nearly 6 percent in the previous two sessions, with weak outside markets fueling the selling mood, traders said. The benchmark October contract on Bursa Malaysia's Derivatives Exchange, the new third month contract, dropped 65 ringgit, or 3.1 percent, to 2,020 ringgit ($565.98) a tonne, after going as high as 2,100 ringgit.

REGIONAL EQUITIES-BANGKOK, July 16 (Reuters) - Major Southeast Asian stock
markets rose for the third day on Thursday, with buying of property shares pushing Singapore to its highest level in 10 months and economic optimism lifting the mood elsewhere.

Singapore <.FTSTI> gained 0.5 percent, earlier rising as much as 1.9 percent to its highest since September last year. Analysts said China's higher-than-expected economic growth and a jump in U.S. stocks in reaction to upbeat corporate results buoyed sentiment in the region.

Malaysia's index <.KLSE> added 1.1 percent, rising as much as 2.1 percent to its highest since Aug. 13, with telecommunications firm Axiata Group up 5.6 percent and Malayan Banking , the biggest lender, up 0.9 percent.