Trader's Highlight

DJI-NEW YORK, June 23 (Reuters) - The S&P 500 rose on Tuesday as investors hunted for bargains a day after a steep sell-off, but another delay for Boeing's 787 Dreamliner kept the Dow in the red.

There was also caution a day ahead of the Federal Reserve's assessment of economic conditions.

The Dow Jones industrial average <.DJI> was down 16.10 points, or 0.19 percent, at 8,322.91. But the Standard & Poor's 500 Index <.SPX> was up 2.06 points, or 0.23 percent, at 895.10. The Nasdaq Composite Index <.IXIC> was down 1.27 points, or 0.07 percent, at 1,764.92.

NYMEX-NEW YORK, June 23 (Reuters) - U.S. crude oil futures pared gains after a weekly industry inventory report showed domestic crude stocks fell much less than expected last week.

On the New York Mercantile Exchange, new front-month August crude was up $1.30, or 1.93 percent, at $68.80 a barrel. It earlier settled up $1.74, or 2.58 percent, at $69.24, trading from $66.37 to $69.68.

CBOT-SOYBEANS - July up 27-1/2 cents per bushel at $11.79. November up 23-1/2 cents at $10.12.

Tight old-crop supplies and short-covering amid oversold technicals lend support in addition to weak dollar. Gains limited by good crop weather in the U.S.

CBOT-SOYOIL - July up 1.00 cent at 36.93 cents per lb. Support from soy and short-covering bounce after recent declines.

Oil World sees U.S. soyoil exports increasing sharply in coming months as domestic biodiesel production stalls.

FCPO-KUALA LUMPUR, June 23 (Reuters) - Most vegetable oil markets rebounded on Tuesday with palm oil erasing most of its losses made the day before as hopes of better exports and lingering fears of tight supplies boosted sentiment.

Malaysian palm oil <0#KPO:> jumped 6 percent to close at 2,286 ringgit ($645). U.S soyoil for July shipment climbed 1.5 percent and the most-traded January 2010 soyoil contract on Dalian's Commodity Exchange narrowed earlier losses.

REGIONAL EQUITIES-BANGKOK, June 23 (Reuters) - Most Southeast Asian stock markets tumbled to around a one-month low on Tuesday, with energy and commodity stocks such as Singapore's Wilmar, Thailand's PTT and Malaysia's Sime Darby among the decliners.

Singapore's index <.FTSTI> ended down 1.8 percent at its lowest since May 22, with palm plantation firm Wilmar International and smaller peer Golden Agri Resources each sliding more than 2 percent.

Malaysia's index <.KLSE> inched down 0.1 percent, recouping most of an early 1.7 percent fall to its lowest since May 20, with palm planter Sime Darby down 1.5 percent and financial Bumiputra Commerce down 3.3 percent.