Trader's Highlight

DJI-NEW YORK, Jan 22 (Reuters) - U.S. stocks capped their worst three-day slide in 10 months on Friday on fears the White House's plan to curb bank risk-taking would cut profits, and tech shares slumped after Google Inc's disappointing results.

Uncertainty about the Senate's confirmation of Ben Bernanke for another term as the Federal Reserve's chairman also rattled investors in a week when political squabbles helped erase stocks' gains for 2010.

NYMEX-NEW YORK, Jan 22 (Reuters) - U.S. crude oil futures ended at their lowest level in four weeks on Friday as Wall Street dropped sharply on plans to limit trading by banks and oil demand in China and the United States remained a concern.

Wednesday's government inventory data showing a big jump in gasoline supplies last week and continued signs of weak demand for distillates hung over the market, traders said.

On the New York Mercantile Exchange, March crude settled down $1.54, or 2.02 percent, at $74.54 a barrel, down for a third straight day and marking the lowest close since Dec. 22's $74.40. It traded from $74.31, lowest since the Dec. 23 intraday low of $74.25, to $76.50.

CBOT-CHICAGO, Jan 22 (Reuters) - Chicago Board of Trade grains and soy complex close on Friday.

CBOT-SOYBEANS - March down 2-1/2 cents at $9.51-1/2 per bushel.Pressured by Obama administration proposal to restrict banks's ability to trade and/or invest in commodities, plus prospects for bumper soy crops in South America. Some underpinning from worries about hotter/drier weather in Argentina, and strong U.S. export sales.

CBOT-SOYOIL - March down 0.29 cent at 36.71 cents per lb. Following soybeans and early declines in crude oil.

FCPO-KUALA LUMPUR, Jan 22 (Reuters) - Malaysian crude palm oil futures ended 1.3 percent lower on Friday as a new U.S. proposal to limit financial risk taking took commodities across the board lower [COM/WRAP] but traders say the market was likely to recover next week.

Palm oil prices have lost nearly 8 percent so far this year, with much of the losses made this week due to high stocks, slowing exports and China's moves to tighten credit.

REGIONAL EQUITIES-BANGKOK, Jan 22 (Reuters) - Southeast Asian stock markets fell on Friday, with Singapore's index hitting a one-month low, weighed down by selling in financials and other big-caps.

The U.S. government's proposed bank restrictions fuelled concern about banks' profits and global growth, hitting stock markets across the board.

Singapore's Straits Times Index <.FTSTI> ended down 1.1 percent, with DBS Group off 1.6 percent, United Overseas Bank down 1.5 percent and Oversea-Chinese Banking Corp 1.1 percent lower.

Malaysia's index <.KLSE> fell to its lowest since Jan. 18, down 0.6 percent, led by a 1.2 percent loss in financial firm CIMB Group and a 1 percent drop in Malayan Banking . But Malaysia fared best on the week, edging up 0.14 percent, with other Southeast Asian stock markets posting a loss.