Trader's Highlight

DJI-NEW YORK, June 3 (Reuters) - The dollar rose broadly and U.S. stocks staged a late-day rally to end higher as optimism ahead of Friday's key monthly jobs report overshadowed concern that Europe's debt crisis is worsening.

U.S. Treasuries debt prices fell in choppy trade as investors trimmed their safe-haven holdings of government bonds in anticipation of a robust May payrolls report.

Crude oil prices rose more than 2 percent as a government report showed that inventories of crude oil and gasoline fell more than expected last week.

Skittish investors kept markets volatile through most of the day. U.S. stocks fell in response to weakness in the euro, but were supported by data on private sector employment and jobless claims, before finally ending higher. A rally in technology shares led Wall Street gains.

The Dow Jones industrial average rose 5.74 points, or 0.06 percent, to 10,255.28. The Standard & Poor's 500 Index <.SPX> gained 4.44 points, or 0.40 percent, to 1,102.82. The Nasdaq Composite Index <.IXIC> closed up 21.96 points, or 0.96 percent, to 2,303.03.

NYMEX-NEW YORK, June 3 (Reuters) - U.S. crude oil futures ended
2.4 percent higher after a volatile session on Thursday, lifted by a government oil inventory report showing crude oil and gasoline stocks fell more than expected.

U.S. stocks ended higher after seesawing, led by a late-day surge in technology shares as investors geared up for a strong jobs report on Friday.

On the New York Mercantile Exchange, front-month July crude rose $1.75, or 2.4 percent, to settle at $74.61 a barrel, trading from $72.32 to $74.95, reaching the high in post-settlement trading.

CBOT-CHICAGO, June 3 (Reuters) - U.S. soybean futures rose sharply on Thursday due to firmer cash markets and a wave of technical buying.

CBOT-SOYBEANS - July last up 23-3/4 cents at $9.56-1/4 per bushel. Slow movement of supplies in country spur gains early. Technical buying adds fuel to rally as prices rise above 20-day moving average.

CBOT-SOYOIL - July last up 0.23 cent at 37.65 cents per
lb. Soybean rally, crude oil gains supportive.

FCPO-JAKARTA, June 3 (Reuters) - Malaysian palm oil futures fell on short-selling on Thursday, erasing early gains as investors tested the resistance and support level, traders said.

The benchmark August crude palm oil futures on the Bursa Malaysia Derivatives Exchange fell 0.49 percent, or 12 ringgit, to close at 2,456 ringgit ($752.7) a tonne. The contract touched as high as 2,482 ringgit a tonne. Traded volume was 9,631 lots of 25 tonnes each, slightly below the daily average of 10,000 lots.