DJI-NEW YORK, July 10 (Reuters) - U.S. stocks rose on Thursday, helped by optimism about a major deal in the chemicals sector and after the Federal Reserve chairman said the central bank and the government are focused on stabilizing the financial system.The Dow Jones industrial average <.DJI> rose 81.58 points, or 0.73 percent, to 11,229.02, while the Standard & Poor's 500 Index <.SPX> gained 8.70 points, or 0.70 percent, to 1,253.39. The Nasdaq Composite Index <.IXIC> was up 22.96 points, or 1.03 percent, to close at 2,257.85.
NYMEX-NEW YORK, July 10 (Reuters) - U.S. crude oil futures surged more than $6 on Thursday, stirred by news of Iran testing missiles for a second day and worries about the potential for more militant action in Nigeria.August crude settled up $5.60, or 4.12 percent, at $141.65, trading from $135.43 to $142.10.NYMEX hit a record $145.85 was hit July 3.
CBOT-July 10 (Reuters) -SOYBEANS - July up 31-1/2 cents at $16.09-1/2 per bushel; new-crop November up 30 at $15.87.Rallies on tight supply concerns. Demand for U.S. soybeans remains strong. Top global buyer China keeps booking soybeans despite historically high prices and Argentine farmers renewed their protests over a soy export tax hike.
Average of analysts' estimates pegged 2007/08 U.S. soy ending stocks 123 mln bu, below USDA's forecast in June for 125 mln. Estimate for 2008/09 soy ending stocks 137 million, below USDA June estimate for 175 million.
SOYOIL - July up 0.67 cent at 64.45 cents per lb.Higher following crude oil and soybeans.
Regional equities-SINGAPORE, July 10 (Reuters) - Most Southeast Asian stock markets edged lower on Thursday on fears the extent of global subprime losses and its economic impactmay be worse than expected. The Philippine index <.PSI> gave up 1.3 percent, while MalaysiaIndonesia were both off 0.4 percent.Thailand <.SETI> edged up 0.1 percent despite political <.KLSE> and uncertainty, while Vietnam <.VNI> rose 1.6 percent.
