Shares of Wal-Mart, the world's largest retailer, gained 2.7 percent to $51.88 following its second-quarter earnings and its outlook for the full year.
The Dow Jones industrial average <.DJI> rose 36.58 points, or 0.39 percent, to 9,398.19. The Standard & Poor's 500 Index <.SPX> gained 6.92 points, or 0.69 percent, to 1,012.73. The Nasdaq Composite Index <.IXIC> added 10.63 points, or 0.53
percent, to 2,009.35.
NYMEX-NEW YORK, Aug 13 (Reuters) - U.S. crude oil futures ended higher but well below the session peaks, tracking Wall Street, where major indexes sagged late as the day's economic data raised investor concerns about the pace of recovery.
Crude futures were up earlier on Wall Street's gains and on news of a surprise return to economic growth in Germany and France.
On the New York Mercantile Exchange, September crude
CBOT-SOYBEANS - August
Fell 2 percent on profit-taking, good U.S. crop weather and unwinding of soy/corn spreads. Rallied to six-week high in early dealings, then plunged as August contract volatile ahead of expiration on Friday.
Demand for nearby soy stays hot, with exporter paying top premiums to meet commitments while processor margins slip.
NOPA July US soybean crush to be released on Friday and analyst average estimate is for 130.4 million bushels, compared with NOPA June soy crush 133.1 million.
CBOT-SOYOIL - August
FCPO-JAKARTA, Aug 13 (Reuters) - Malaysian palm oil futures rebounded more than 2 percent on Thursday as investors covered short positions on expectations of lower production this month and a recovery in crude oil, traders said.
The benchmark October contract
REGIONAL EQUITIES-BANGKOK, Aug 13 (Reuters) - Singapore's stock market climbed
to its highest in a week on Thursday as earnings optimism pushed big caps such as City Developments higher, and other Southeast Asian bourses surged, palm plantation stocks leading the way.
Singapore's Straits Times Index <.FTSTI> ended up 1.7 percent at 2,614.18, with City Developments
Shares in Wilmar International
Even so, Malaysia's IOI Corp
Malaysia's index <.KLSE> was up 0.5 percent, Thailand's <.SETI> gained nearly 2 percent to its highest since last September, Indonesia's index <.JKSE> rose 2.1 percent, the Philippine index <.PSI> rose 1 percent and Vietnam's <.VNI> 1.3 percent.