Trader's Highlight

DJI-NEW YORK, June 11 (Reuters) - U.S. stocks rose in a late rally on Friday as a strong forecast from a chip maker lifted tech shares and helped alleviate concerns about the economy's health after an unexpected drop in retail sales.

National Semiconductor Corp rose 5 percent to $14.21 a day after it forecast margins and revenues above estimates after a horrible 2009. The Philadelphia Semiconductor index <.SOXX> rose 1.4 percent.

The Dow Jones industrial average <.DJI> gained 38.54 points, or 0.38 percent, to 10,211.07. The Standard & Poor's 500 Index <.SPX> rose 4.76 points, or 0.44 percent, to 1,091.60. The Nasdaq Composite Index <.IXIC> climbed 24.89 points, or 1.12 percent, to 2,243.60.

NYMEX-NEW YORK, June 11 (Reuters) - U.S. crude oil futures ended lower on Friday, snapping a three-day winning streak, as disappointing retail sales outshadowed a report of improved consumer mood, underlining the shaky pace of economic recovery.

Data showing slowing industrial output in China also pressured prices earlier in the day.

On the New York Mercantile Exchange, crude for July delivery settled at $73.7a barrel, down $1.70, or 2.25 percent, after trading from $73.26 to $75.64.

CBOT-CHICAGO, June 11 (Reuters) - Chicago Board of Trade grains and soy complex trends at 12:45 p.m. CDT (1745 GMT) on Friday.

CBOT-SOYBEANS - July up 4 cents at $9.39 per bushel; new-crop November up 5-3/4 at $9.00-1/2. Rallying in seesaw trade on spillover from corn and wheat, and ideas Thursday's declines were overdone.

CBOT-SOYOIL - July down 0.01 cent at 36.74 cents per lb. Pressured by declines in crude oil.

FCPO-KUALA LUMPUR, June 11 (Reuters) - Malaysian palm oil futures on Friday fell to more than seven-month lows as investors took profit due to palm oil's premium to rival soyoil in cash markets and concerns over Europe's debt crisis.

The market has lost 3.6 percent alone for this week despite bullish export and stocks data as investors remained uncertain over the recovery of the global economy. Palm oil has so far declined more than 10 percent this year.

The benchmark August crude palm oil futures on Bursa Malaysia Derivatives Exchange ended 1 percent lower to 2,386 ringgit ($723) per tonne after going as low as 2,379 ringgit -- a level unseen since Nov. 20 last year.

Overall traded volume almost doubled to 19,312 lots of 25 tonnes each, compared with the usual 10,000 lots.

REGIONAL EQUITIES-BANGKOK, June 11 (Reuters) - Indonesian shares gained more than 1 percent on Friday, leading gains in most other Southeast Asian markets, as investors bought resource shares because of strength in oil prices.

Optimism that the world economic recovery was on track despite Europe's debt woes bolstered sentiment, although stock markets in Singapore <.FTSTI>, Malaysia <.KLSE>, Thailand <.SETI> and Vietnam <.VNI> posted smaller gains.

In Singapore, banking shares extended gains amid optimism about growth in the city-state's economy, with top lender DBS Group Holdings and United Overseas Bank each rising more than 1 percent.