Stocks in Europe and Asia fell in thin trading volumes, led down by energy pharmaceutical and automotive shares. European and U.S. stock markets closed early.
U.S. stock markets closed at 1 p.m. (1800 GMT). The Dow Jones industrial average <.DJI> gained 48.91 points, or 0.58 percent, to 8,468.40. The Standard & Poor's 500
Index <.SPX> rose 4.91 points, or 0.57 percent, to 868.07. The Nasdaq Composite Index <.IXIC> edged higher, up 3.36 points, or 0.22 percent, to 1,524.90.
NYMEX-NEW YORK, Dec 24 (Reuters) - U.S. crude oil futures fell 9.31 percent on Wednesday in a shortened session as the dreary economy picture offset a government report showing an unexpected drop in crude oil inventories last week.
On the New York Mercantile Exchange, February crude
CBOT-SOYBEANS - January
CBOT-SOYOIL - January
FCPO-KUALA LUMPUR, Dec 24 (Reuters) - Malaysian crude palm oil futures ended 1.9 percent higher on Wednesday as traders closed their positions ahead of the Christmas holiday.
The benchmark March 2009
REGIONAL EQUITIES-Malaysian shares <.KLSE> extended their three-day falling streak to end 0.18 percent at an one-week closing low, weighed down by a 0.85 percent fall in Bumiputra Commerce Holdings
Elsewhere in the region, Indonesia stocks <.JKSE> eased 0.53 percent, while the Philippine index <.PSI> climbed 0.57 percent and Vietnam <.VNI> inched up 0.04 percent, recovering from a 2 percent fall on Tuesday. The Straits Time index <.FTSTI> ended 0.72 percent higher, rebounding after three straight days of losses.