DJI-NEW YORK, Oct 28 (Reuters) - U.S. stocks tumbled in a broad sell-off on Wednesday, sending the benchmark S&P 500 lower for a fourth straight day, after weak data on new home sales heightened concerns about the pace of the economic recovery.
The Dow Jones industrial average <.DJI> dropped 119.48 points, or 1.21 percent, to 9,762.69 -- its third triple-digit drop in four days. The Standard & Poor's 500 Index <.SPX> fell 20.78 points, or 1.95 percent, to 1,042.63. The Nasdaq Composite Index <.IXIC> slid 56.48 points, or 2.67 percent, to 2,059.61.
The government will release its first estimate of third-quarter GDP on Thursday. GDP is expected to have grown at an annual rate of 3.3 percent in the third quarter, according to 77 analysts polled by Reuters.
NYMEX-NEW YORK, Oct 28 (Reuters) - U.S. crude oil futures ended more than 2 percent lower on Wednesday, hit by government data showing a surprise increase in gasoline inventories last week.
The U.S. Energy Information Administration reported that crude stocks rose less than expected, pressuring prices that had risen late on Tuesday after a report from the American Petroleum Institute showed a large drawdown.
On the New York Mercantile Exchange, December crude
CBOT-SOYBEANS - November
CBOT-SOYOIL - December
FCPO-KUALA LUMPUR, Oct 28 (Reuters) - Malaysian crude palm oil futures fell as much as 1.4 percent on Wednesday to hit a near two-week low on higher stocks and crude oil easing from its earlier rally.
The benchmark January palm oil contract
REGIONAL EQUITIES-BANGKOK, Oct 28 (Reuters) - Southeast Asian stock markets
fell on Wednesday, with selling of big caps such as Bumi Resources pushing Indonesia to its lowest in seven weeks.
Singapore's index <.FTSTI> fell 1.7 percent to its lowest since Oct. 9, with gaming group Genting Singapore
Malaysia's index <.KLSE> ended down 0.9 percent, with CIMB Group
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