DJI-NEW YORK, July 22 (Reuters) - U.S. stocks rose more than 1 percent on Tuesday as oil prices slid over $3 a barrel, taking the edge off a raft of disappointing earnings from American Express and others as well as a weak outlook from iPod maker Apple.The Dow Jones industrial average <.DJI> rose 135.16 points, or 1.18 percent, to 11,602.50, while the Standard & Poor's 500 Index <.SPX> ended up 17.00 points, or 1.35 percent, at 1,277.00. The Nasdaq Composite Index <.IXIC> was up 24.43 points, or 1.07 percent, at 2,303.96.
NYMEX-NEW YORK, July 22 (Reuters) - U.S. crude oil futures fell more than $3 on Tuesday, ending at a six-week low as the threat of Tropical Storm Dolly to oil drillers and refineries in the Gulf of Mexico and Texas eased. August crude expired and settled down $3.09, or 2.36 percent, at $127.95, the lowest since $127.79 on June 5.
CBOT-SOYBEANS - Up 6 to 13-1/2 cents per bushel, with August up 7-1/4 at $14.16-3/4 per bushel.Shrinking stocks of soy and oversold technical signals after Monday's decline supportive to market. Bean/corn spreading and some concern about possible harsh weather in August that might harm the key U.S. soy pod-setting also supportive. Gains limited by falling crude oil, firm dollar, current good crop weather in the U.S. Midwest and improving crop conditions.
SOYOIL - Unchanged to up 0.30 cent per lb, with August up 0.22 at 60.13 cents per lb.
FCPO-KUALA LUMPUR, July 22 (Reuters) - Malaysia crude palm oil futures ended off their highs on Tuesday on late profit-taking spurred by talk, later confirmed, that Indonesia would cut export taxes for palm oil products.Benchmark October contract on the Bursa Malaysia Derivatives Exchange was 8 ringgit down 3,252 ringgit ($1,005) a tonne.
Regional equities-Southeast Asian stocks were generally higher on Monday.Singapore's main index <.FTSTI> climbed 2.5 percent to a one-week high of 2,919.2. The main Thai index <.SETI> gained 3.4 percent to 687.3, near a one-week high, and Indonesian stocks<.JKSE> were 2.5 percent higher.Malaysian stocks <.KLSE> erased their early gains, ending 0.14 percent down at a 16-month low because of political uncertainties.
