Discount chain Target Corp
The Dow Jones industrial average <.DJI> was down 0.03 points, or 0.00 percent, at 11,023.47. The Standard & Poor's 500 Index <.SPX> was up 2.48 points, or 0.21 percent, at 1,180.82. The Nasdaq Composite Index <.IXIC> was up 13.91 points, or 0.5percent, at 2,483.75.
NYMEX-NEW YORK, Nov 17 (Reuters) - U.S. crude oil futures settled
on Wednesday at their lowest in four weeks on persistent concerns that China will take steps to cool inflation, curbing demand from the world's biggest economic growth engine.
Crude prices fell for a fourth straight session as worries about euro zone debt and Europe's economy added to doubts about oil demand. Prices came under early pressure from a stronger dollar, but the U.S. currency later weakened.
On the New York Mercantile Exchange, December crude
CBOT-CHICAGO, Nov 17 (Reuters) - Chicago Board of Trade grain
and soy complex close on Wednesday.
CBOT-SOYBEANS - January
$12.05. Long-liquidation weighed as did falling soyoil in step with
a drop in crude oil.
CBOT-SOYOIL - December
FCPO-KUALA LUMPUR, Nov 16 (Reuters) - Palm oil and soyoil markets tumbled on Tuesday after China unveiled plans to impose food price controls and tame inflation that has accelerated in the world's No. 2 importer of vegetable oils.
Traders say China's plan to also crack down on speculation in agriculturalcommodities could be a precursor to an interest rate hike to cool food driven inflation in the Asia country. [ID:nTOE6AF03I]
Malaysian palm oil fell
U.S. soyoil
REGIONAL EQUITIES-COLOMBO, Nov 17 (Reuters) - Southeast Asian stock markets closed weaker on Wednesday, continuing a losing trend on foreign outflows, worries over euro zone debt, fears of a rise in Chinese interest rates and talk over capital controls.
Foreign selling hit Thailand and the Philippines as foreign institutions cashed in profits, although local retail investors were on the buying side.
Indonesia is trading at a 15.5 forward price-to-earnings ratio, below all-Asia's 13.3and richer than Thailand's 12.1. The Philippines is trading at 13.3, while Singapore and Malaysia are trading at 14.0 and 14.1 respectively, Thomson Reuters StarMine data showed.