All three major indexes ended up at least 1 percent, with bank shares such as JPMorgan Chase
The Dow Jones industrial average <.DJI> was up 196.89 points, or 1.82 percent, at 11,022.06. The Standard & Poor's 500 Index <.SPX> was up 23.31 points, or 1.97 percent, at 1,209.18. The Nasdaq Composite Index <.IXIC> was up 30.89 points, or 1.43 percent, at 2,186.57.
NYMEX-NEW YORK, Sept 25 (Reuters) - U.S. crude oil futures rose on Thursday after lawmakers in Washington neared a deal on a bailout for ailing banks, and on stronger RBOB gasoline futures.
On the New York Mercantile Exchange, November crude
CBOT-SOYBEANS - November
Census pegs August U.S. soy crush at 128.65 million bushels, above estimate for 128.0 million.
SOYOIL - October
Census reported preliminary U.S. soyoil stocks August at 2.589 bln lbs, near average trade estimate for 2.587 bln.
FCPO-KUALA LUMPUR (Dow Jones)--Crude palm oil futures on Malaysia's derivatives
exchange ended 1.6% lower Thursday amid heavy volatile trade, after palm oil
exports were estimated down and also below expectations.
The benchmark December contract on the Bursa Malaysia Derivatives ended MYR38
lower at MYR2,280 a metric ton after reaching an intraday low of MYR2,259/ton.
REGIONAL EQUITIES-SINGAPORE, Sept 25 (Reuters) - Most Southeast Asian stocks fell on Thursday as investors feared the $700 billion rescue package for the U.S. financial sector could be delayed, pushing property stocks such as CapitaLand
Asian stocks dropped, while European bourses were mixed with investors unsure about how the bailout would prevent the economy from slowing further even if it was passed.
Singapore <.FTSTI> led losses, falling 1.4 percent, while Indonesia <.JKSE> shed 0.7 percent on banks. Malaysia <.KLSE> fell 0.4 percent.