Palm | Kelapa Sawit

DJI-NEW YORK, Oct 10 (Reuters) - U.S. stocks jumped 3 percent on Monday, extending gains into a second week as a pledge by German and French leaders boosted hopes that the euro-zone debt crisis may be resolved.

The gains lifted the S&P 500 above its 50-day moving average for the first time since late July, a bullish technical signal. The S&P 500 is now up about 11 percent since its low on Tuesday, when it briefly fell into bear-market territory.

The Dow Jones industrial average <.DJI> surged 330.06 points, or 2.97 percent, to end at 11,433.18. The Standard & Poor's 500 Index <.SPX> climbed 39.43 points, or 3.41 percent, to 1,194.89. The Nasdaq Composite Index <.IXIC> shot up 86.70 points, or 3.50 percent, to close at 2,566.05.

NYMEX-NEW YORK, Oct 10 (Reuters) - U.S. crude rose on Monday for a fourth consecutive session, boosted by the promise from France and Germany to unveil a plan to address the region's debt woes and by a strike that halted Kuwaiti crude oil exports.

The leaders of Germany and France on Sunday promised to unveil new measures to solve the euro zone's debt crisis by the end of the month.

On the New York Mercantile Exchange, November crude rose $2.43, or 2.93 percent, to settle at $85.41 a barrel, trading from $82.75 to $86.09.

CBOT-SOYBEANS-Soybean futures on the Chicago Board of Trade closed up nearly 2 percent, joining a broad rally in commodities after France and Germany said they would come up with a plan to contain the euro zone crisis.

The U.S. dollar index <.DXY> slid nearly 1.6 percent on the news, buoying dollar-denominated commodities including grains and crude oil.

FCPO-JAKARTA, Oct 10 (Reuters) - Malaysian palm oil rose as much as 1.7 percent on Monday, with prices supported by export data in second largest producer Malaysia and hopes that Europe's debt crisis will be resolved soon, but gains were capped by news of rising inventories.

The benchmark December palm oil futures <0#FCPO:> on the Bursa Malaysia Derivatives Exchange closed 0.8 percent higher at 2,793 ringgit ($884) per tonne. It had earlier hit an intraday high of 2,818 ringgit a tonne.

Traded volumes for the December contract stood at 13,270 lots of 25 tonnes each compared with 12,133 lots on Friday.

REGIONAL EQUITIES-Oct 10 (Reuters) - Most Southeast Asian stock markets gained on Monday in thin trade led by commodity-related shares as optimisim over the latest plan to solve the euro zone's debt crisis and positive U.S. job data lifted sentiment.

Thailand <.SETI> and Singapore <.FTSTI> rose 1.5 percent and 1.1 percent respectively, Indonesia <.JKSE> ended 0.7 percent firmer, and the Philippines <.PSI> added 0.8 percent to a three-week high.

Malaysia and the Philippines saw a net outflow of $5.6 million and $7.8 million respectively, while Jakarta's net foreign selling was $0.6 million. Thailand saw an outflow of $3.5 million.

In Singapore, commodity firm Wilmar International gained 3 percent while oil and gas firm STX OSV Holdings jumped 6.6 percent, outperforming the broad market. Malaysia <.KLSE> bucked the trend, closing 0.2 percent weaker.