Trader's Highlight

DJI-NEW YORK, Nov 4 (Reuters) - U.S. stocks rose in the biggest Election Day rally ever on Tuesday, as investors looked forward to the end of the uncertainty surrounding the long fight for the White House, and as energy companies'
shares followed oil prices higher.

Adding to the positive tone, the Treasury Department is exploring how to best expand its capital injection program and is considering specialty finance firms, such as General Electric's GE Capital unit, a source familiar with the government's thinking said. Shares of GE, an economic bellwether and a Dow component, rose more than 7 percent.

The Dow Jones industrial average <.DJI> rose 305.45 points, or 3.28 percent, to 9,625.28. The Standard & Poor's 500 Index <.SPX> jumped 39.45 points, or 4.08 percent, to 1,005.75. The Nasdaq Composite Index <.IXIC> gained 53.79 points, or 3.12 percent, to 1,780.12.

NYMEX-NEW YORK, Nov 4 (Reuters) - U.S. crude futures ended more than $6 higher on Tuesday on signs that OPEC members were cutting production to comply with their recent decision. A weaker dollar and stronger equities also lifted crude futures, offsetting demand worries.

On the New York Mercantile Exchange, December crude settled up $6.62, or 10.36 percent, at $70.53 a barrel, trading from $62.25 to $71.77.

CBOT-SOYBEANS - November up 21-1/4 cents at $9.49-1/2 per bushel; January up 21-1/2 at $9.59. Outside markets rally the soy complex. Recent export demand adds support. But market closed off the day's highs, with some commercial selling was noted, possibly farmer hedging.

Informa pegs 2008 U.S. crop at 2.987 billion bushels, down from its October estimate of 3.001 billion. USDA estimates 2.938 billion. FC Stone projected the U.S. soybean crop at 2.916 billion bushels, up from its October figure of 2.889 billion; yield
seen at 39.2 bushels per acre.

CBOT-SOYOIL - December up 1.23 cent at 35.97 cents per lb. Rally in crude oil boosts soyoil, with soymeal and soybeans.

FCPO-KUALA LUMPUR, Nov 4 (Reuters) - Malaysian crude palm oil futures slid as much as 7.2 percent on Tuesday as weaker crude oil revived fears of a global recession, which would sap demand and swell already burgeoning stocks.

The benchmark January contract fell 120 ringgit to a inter-day low of 1,546 ringgit ($438) per tonne, tumbling off a near two-week high hit the previous day. By the end of session, the contract traded down 88 ringgit.

REGIONAL EQUITIES-BANGKOK, Nov 4 (Reuters) - Most Southeast Asian stock markets ended firmer on Tuesday, with government measures to support the economy spurring buying in Thailand and Malaysia, but a weak earnings outlook from telco SingTel pushed Singapore shares lower.

Late in the session, investors sold into recent market rallies as they waited for the outcome of the U.S. presidential election, which should be known early in Asian trading on Wednesday.

Singapore's Straits Times Index <.FTSTI> extended its fall in late trade to close down 2.9 percent. Malaysia's index <.KLSE> rose for a fourth day, ending up 0.7 percent, while the Thai index <.SETI> climbed 1.9 percent, on top of a 16 percent gain in the previous three days.

Jakarta's stock index <.JKSE> rose for the fifth day, adding 1.3 percent, and Vietnam stocks <.VNI> surged 3.7 percent, helped by the second official interest rate cut in two weeks. Philippines stocks <.PSI> dipped 1.1 percent, snapping a four-day rally.