Trader's Highlight

DJI-NEW YORK, Sept 24 (Reuters) - The Dow and S&P 500 edged lower on Wednesday as uncertainty about when Congress might approve a proposed $700 billion financial sector bailout offset Warren Buffett's $5 billion bet on Goldman Sachs.

Federal Reserve Chairman Ben Bernanke urged Congress' Joint Economic Committee to pass the bailout, saying delay would keep lenders from extending credit to households and businesses, but lawmakers voiced doubt about the size and scope of the plan.

The Dow Jones industrial average <.DJI> was down 29.00 points, or 0.27 percent, at 10,825.17. The Standard & Poor's 500 Index <.SPX> was down 2.35 points, or 0.20 percent, at 1,185.87. The Nasdaq Composite Index <.IXIC> was up 2.35 points, or 0.11 percent, at 2,155.68.

NYMEX-NEW YORK, Sept 24 (Reuters) - U.S. crude oil futures settled lower on Wednesday, after seesawing when government data showed demand slumped, refinery capacity usage sank to a record low, and crude supplies fell less than expected.

On the New York Mercantile Exchange, November crude fell 88 cents, or 0.83 percent, to settle at $105.73 a barrel, trading from $104.80 to $109.50.

CBOT-SOYBEANS - November unchanged at $11.87 a bushel.Choppy, uncertain trade amid financial turmoil. Turned lower when crude oil began easing from day's highs.
Trade awaits U.S. Census August crush data on Thursday.

SOYOIL - October down 0.04 cent at 47.70 cents per lb.Turned weak when crude oil began moving lower. Meal/oil spreading also weighed.

FCPO-KUALA LUMPUR, Sept 24 (Reuters) - Malaysian crude palm oil futures rose 0.6 percent on Wednesday as oil headed above $108 a barrel, lending support to some global vegetable oil markets but lingering anxieties of cooling demand cut into gains.

The most-active December contract on the Bursa Malaysia Derivatives Exchange settled up 13 ringgit at 2,318 ringgit ($678) a tonne after going as high as 2,357 ringgit.

REGIONAL EQUITY-SINGAPORE, Sept 24 (Reuters) - Southeast Asian stock markets mostly edged up on Wednesday after Warren Buffett's investment in Goldman Sachs helped financials such as Singapore Exchange and Siam Commercial Bank . Singapore's benchmark index <.FTSTI> ended 0.04 percent up while Malaysia <.KLSE> was also little changed at 0.22 percent up. Indonesia <.JKSE> gained 0.56 percent, the Philippine index <.PSI> rose 0.97 percent and Thailand <.SETI> rose 2 percent.