The Dow Jones industrial average <.DJI> lost 22.07 points, or 0.23 percent, at 9,605.41. The Standard & Poor's 500 Index <.SPX> shed 1.41 points, or 0.14 percent, at 1,042.73. The Nasdaq Composite Index <.IXIC> fell 3.12 points, or 0.15 percent, at 2,080.90.
NYMEX-NEW YORK, Sept 11 (Reuters) - U.S. crude oil futures slumped more than 3 percent on Friday on demand worries following data showing sharp increases in inventories of U.S.petroleum products.
On the New York Mercantile Exchange, October crude
CBOT-SOYBEANS - September
November traded below $9 for first time since July. Unwinding of soybean/corn spreads weigh on deferred soybeans. Market pricing bigger average yield than USDA's updated forecast of 42.3 bushels/acre; favorable U.S. weather bearish. Nearby spread firm amid tight stocks.
Bulls note USDA's revised estimate of 2009/10 soy ending stocks was below trade estimates. Additionally, Chinese 2009/10 soy crop seen down 0.40 million tonnes while boosting crush and imports.
USDA raised its U.S. 2009 soybean production forecast to a record 3.245 billion bushels, in line with the average trade estimate of 3.249 billion.
USDA raised its estimate of U.S. 2009/10 soybean ending stocks to 220 million bushels, but that was below the average trade estimate of 226 million.
CBOT-SOYOIL - September
FCPO-JAKARTA, Sept 11 (Reuters) - Malaysian crude palm oil futures dropped 1.8 percent on Friday amid caution ahead of the release of monthly estimates for U.S. soy output from the U.S. Department of Agriculture (USDA) later today, traders said.
The benchmark November contract
REGIONAL EQUITIES-BANGKOK, Sept 11 (Reuters) - Major Southeast Asian stock
markets ended off their highs on Friday, with Singapore ending a shade lower after selling in casino operator Genting but others eking out small gains in cautious trade.
Singapore's Straits Time Index <.FTSTI> inched down 0.04 percent, with Genting Singapore
Malaysia's index <.KLSE> was up 0.6 percent, Indonesia's <.JKSE> gained 0.2 percent and Thailand's <.SETI> 0.7 percent.