Trader's Highlight

DJI-NEW YORK, July 8 (Reuters) - U.S. stocks rose in another turbulent session on Tuesday as a pullback in oil prices eased worries about consumer and business spending, while financial shares gained after the Fed chairman said he may keep open a lifeline for banks.Financial shares climbed after Federal Reserve Chairman Ben Bernanke said in a speech that the U.S. central bank may extend emergency lending facilities for big Wall Street banks past year-end, showing the Fed is determined to stop the housing-inspired credit crisis from wreaking further havoc on the economy.

The Dow Jones industrial average <.DJI> jumped 152.25 points, or 1.36 percent, at 11,384.21, while the Standard & Poor's 500 Index <.SPX> gained 21.39 points, or 1.71 percent, to 1,273.70.
The Nasdaq Composite Index <.IXIC> rose 51.10 points, or 2.28 percent, at 2,294.42, snapping a 3-day losing streak.

NYMEX-NEW YORK, July 8 (Reuters) - U.S. crude oil futures fell for a second day in a row on Tuesday, ending nearly 4 percent lower on pressure from a stronger dollar and forecasts that eased worries about Hurricane Bertha.On the New York Mercantile Exchange, August crude settled $5.33 lower, or 3.77 percent, at $136.04 a barrel, trading from $135.14 to $142.44.

CBOT-CHICAGO, July 8 (Reuters) - Chicago Board of Trade grains and soy complex closing on Tuesday.

SOYBEANS - July down 28 cents at $15.61 per bushel, new-crop November down 31-1/2 at $15.29-1/2.Recovering some from early sell-off. Better weather in U.S. Midwest, improved crop conditions and drop in crude oil weigh.

Soybeans trading with expanded daily limit of $1.05.

Brazil's Agriculture Ministry left its 2007/08 soybean crop estimate at a record 59.8 million tonnes, unchanged from June.

SOYOIL -July down 1.51 cent at 63.38 cents per lb. Following soybeans and declining crude oil prices.

FCPO-KUALA LUMPUR, July 8 (Reuters) - Malaysian crude palm oil futures dropped 1.7 percent further on Tuesday as fears of a build-up in stocks and declining soy oil prices depressed the market.The benchmark September contract on the Bursa Malaysia Derivatives Exchange settled down 58 ringgit to 3,454 ringgit ($1,060) per tonne after diving more than 3 percent the previous day.

Regional Equities-Asian stocks tumbled after big declines in the shares of U.S. mortgage providers reminded investors that global credit markets are not out of the woods yet, with Hong Kong <.HSI> down 3 percent. Other losers included Indonesia <.JKSE>, which gave up 1.1 percent and Malaysia <.KLSE>, which shed half a percent, but Philippine shares <.PSI> bucked the trend to gain 1.5 percent, while Vietnam <.VNI> closed 0.2 percent up.