Trader's Highlight

DJI-NEW YORK, July 30 (Reuters) - U.S. stocks fell on Friday, rebounding for a second day in a row from more substantial losses, as concerns about slower economic growth held trading to a tight range.

Stocks were down by 1 percent early in the session after the release of data showing U.S. gross domestic product growth slowed in the second quarter. A separate report later showed business activity in the U.S. Midwest grew more than expected this month, spurring buying that helped equities rebound.

The Dow Jones industrial average <.DJI> was down 46.17 points, or 0.44 percent, at 10,420.99. The Standard & Poor's 500 Index <.SPX> was down 4.22 points, or 0.38 percent, at 1,097.31. The Nasdaq Composite Index <.IXIC> was down 4.94 points, or 0.22 percent, at 2,246.75.

NYMEX-NEW YORK, July 30 (Reuters) - U.S. crude oil futures settled higher on Friday, shrugging off concerns about the pace of economic growth amid mixed data and lifted by a late rally in refined products futures as August contracts expired.

Front-month crude futures prices ended July up $3.29 or 4.35 percent from the end of June, though for the week they ended six cents or 0.07 percent lower.

On the New York Mercantile Exchange, September crude rose 59 cents to settle at $78.95 a barrel, trading from $76.83 to $79.05.

CBOT-CHICAGO, July 30 (Reuters) - Chicago Board of Trade grain and soy complex close on Friday.

CBOT-SOYBEANS - August up 25-3/4 cents at $10.52-1/2 per bushel; new-crop November up 17 at $10.05. Following wheat higher amid drought in Europe that was trimming export prospects amid declining crop production.

CBOT-SOYOIL - August up 0.56 cent at 39.83 cents per lb. Spillover from higher soybeans.

FCPO-JAKARTA, July 30 (Reuters) - Malaysian crude palm oil was steady on Friday, supported by gains in soybean and uncertainty over grains crop harvests due to adverse weather which would slow global vegetable oil supplies.

Players also awaited July export data on the weekend for fresh direction.

The benchmark October contract on Bursa Malaysia's Derivatives Exchange ended up 3 ringgit or 0.12 percent to 2,517 ringgit ($792) a tonne. Overall volumes rose to 17,260 lots of 25 tonnes each from the usual 10,000 lots.

REGIONAL EQUITIES-BANGKOK, July 30 (Reuters) - Southeast Asian stock markets ended lower or with tiny gains on Friday in cautious trade ahead of second-quarter U.S. growth figures but a raft of strong second-quarter earnings pushed share prices higher on the month.

Expectations that healthy economic conditions in the first half would continue for the rest of the year supported markets in July, with Thailand's 7.34 percent rise the best in the region, ahead of Singapore's 5.37 percent and Indonesia's 5.34 percent.

In Singapore, DBS Group fell 0.7 percent after Southeast Asia's biggest bank posted an unexpected S$300 million loss in the second quarter after it took a S$1.02 billion goodwill charge on its Hong Kong business.