Trader's Highlight

DJI-NEW YORK, Oct 27 (Reuters) - The S&P 500 and the Nasdaq fell on Tuesday as investors booked profits following the stock market's recent run-up, while a weaker-than-expected reading on a measure of consumer confidence raised doubts about spending.

The Dow Jones industrial average <.DJI> gained 14.21 points, or 0.14 percent, to 9,882.17. The Standard & Poor's 500 Index <.SPX> fell 3.54 points, or 0.33 percent, to 1,063.41. The Nasdaq Composite Index <.IXIC> declined 25.76 points, or 1.20 percent, to 2,116.09.

NYMEX-NEW YORK, Oct 27 (Reuters) - U.S. crude oil futures extended the day's highs in post-settlement trading on Tuesday after industry data showed a surprise large drawdown in domestic crude inventories last week.

A Reuters poll ahead of the data forecast that domestic crude oil stocks rose 1.8 million barrels last week due to higher imports.

The API said crude stocks fell by 3.5 million barrels, gasoline stocks dipped 255,000 barrels and distillate stocks dropped by 671,000 barrels in the week to Oct. 23.

On the New York Mercantile Exchange at 5:05 p.m. EDT (2105 GMT), December crude was up 85 cents at $79.53 a barrel, with the day's high extended to $79.89. It earlier settled up up 87 cents, or 1.11 percent, at $79.55, trading from $77.81 to $79.78.

CBOT-SOYBEANS - November down 13 cents at $9.73-1/2 a bushel. Firm dollar and forecasts for improved harvest weather next week weigh on market after higher open. Traders note active sales of $10 January soy call options also pressure prices.

CBOT-SOYOIL - December down 0.15 cent at 37.48. Weakness in soybean futures drag prices lower despite firm crude oil market.

FCPO-KUALA LUMPUR, Oct 27 (Reuters) - Malaysian crude palm oil futures dropped 3 percent on Tuesday to hit more than one-week lows on weaker vegetable oil markets and fears of a stock build up.

The benchmark January contract palm oil on the Bursa Malaysia Derivatives Exchange fell as much as 66 ringgit to 2,152 ringgit ($632.9), a level unseen since Oct. 16. The contract then settled 48 ringgit lower at 2,170 ringgit.

REGIONAL EQUITIES-BANGKOK, Oct 27 (Reuters) - Most Southeast Asian stock markets fell on Tuesday amid concern over the economic outlook in the United States, with Singapore's CapitaLand and Thailand's PTT Exploration and Production among decliners.

Foreign fund flows into the region were easing, pushing Malaysia <.KLSE> down to near-two-week lows at one stage. Indonesia <.JKSE> touched four-week lows and Vietnam <.VNI> hit its lowest level in two weeks.

Malaysia's index <.KLSE> recovered earlier falls to end flat, with a 1.3 percent gain in financial firm CIMB Group . Palm plantation firm IOI Corp rose 1.1 percent and telecom company Axiata Group gained 1 percent.

Thailand <.SETI> ended up 0.4 percent but foreign investors continued to unload Thai equities, selling a net 747 million baht($22.37 million) in the session.