Trader's Highlight

DJI-NEW YORK, Jan 27 (Reuters) - U.S. stocks rose on Wednesday after the U.S. Federal Reserve said it will keep interest rates near zero and ahead of President Barack Obama's State of the Union address tonight.

But the Nasdaq got a late surge from a gain of almost 1 percent in the shares of Apple Inc after the iPad's debut.

NYMEX-NEW YORK, Jan 27 (Reuters) - U.S. crude oil futures ended lower on Wednesday as technical selling and data showing higher refined product inventories pressured the energy markets, negating an unexpected big crude stock drawdown.

Adding to oil trading woes, the dollar strengthened further against the euro after the U.S. Federal Reserve issued a statement that it would keep interest rates low for an extended period.

On the New York Mercantile Exchange, March crude settled lower a second straight day, down $1.04, or 1.39 percent, at $73.67 a barrel, trading from $72.65, lowest since the $71.99 low on Dec. 21, to $75.09.

CBOT-CHICAGO, Jan 27 (Reuters) - Chicago Board of Trade grains and soy complex close on Wednesday.

CBOT-SOYBEANS - March down 18-1/2 cents at $9.29 per bushel. Fell to 3-1/2 month low on prospects for record soy output in South America, plentiful U.S. soybean supplies and firmer dollar.

CBOT-SOYOIL - March down 0.45 cent at 36.32 cents per lb. Following soybeans lower.

FCPO-JAKARTA, Jan 27 (Reuters) - Malaysian crude palm oil futures rose nearly 1 percent on Wednesday, bouncing back from the lowest intraday level in nearly 10 weeks on late short covering, traders said.

The upside was capped by the prospect of weak demand from key buyer China, which is needed to reduce inventories in the world's number 2 producer, Malaysia, from a 13-month top in December.

REGIONAL EQUITIES-BANGKOK, Jan 27 (Reuters) - Singapore's index fell for a sixth session on Wednesday, weighed down by selling in Genting and other big caps, while Malaysia hit its lowest in almost a month, with banks suffering the most.

The benchmark Straits Times Index <.FTSTI> ended down 1.2 percent at its lowest since Nov. 13, with top developer CapitaLand dropping 3.1 percent and gaming groupGenting Singapore slumping 5.5 percent.

Malaysia <.KLSE>, Southeast Asia's second-best performer this year, finished 1.3 percent lower, adding to a 1.9 percent loss over the previous three days, with top lender Maybank down 0.44 percent, number two CIMB losing 2.3 percent and Public Bank 1.7 percent lower.