Trader's HIghlight

DJI-NEW YORK, Aug 6 (Reuters) - U.S. stocks fell on Friday after government data showed a larger-than-expected drop in July payrolls, giving investors a stark reminder the economic recovery remains slow.

Stocks had been rising over the past five weeks, largely on the back of solid corporate earnings. The S&P 500 is still up 9.7 percent from its closing low for the year set July 2.

The Dow Jones industrial average <.DJI> dropped 21.42 points, or 0.20 percent, to 10,653.56. The Standard & Poor's 500 Index <.SPX> shed 4.17 points, or 0.37 percent, to 1,121.64. The Nasdaq Composite Index <.IXIC> lost 4.59 points, or 0.20 percent, to 2,288.47.

NYMEX-NEW YORK, Aug 6 (Reuters) - U.S. crude oil futures fell a third straight day on Friday, weighed down by a weak U.S. jobs report that also pulled Wall Street lower.

But crude prices managed to settle above $80 a barrel and a higher finish versus a week ago, as oil's losses were tempered by the dollar's <.DXY> broad slump and weakness against the euro.

On the New York Mercantile Exchange, September crude fell $1.31, or 1.6 percent, to settle at $80.70 a barrel, trading from $80.04 to $82.67.

CBOT-CHICAGO, Aug 6 (Reuters) - Chicago Board of Trade grain and soy complex close on Friday.

CBOT-SOYBEANS - August up 4 cents at $10.59 per bushel; new-crop November up 4-1/2 at $10.33-1/2. Boosted by brisk export sales of U.S. soy, especially to China.

CBOT-SOYOIL - August up 0.13 cent at 41.39 cents per lb. Spillover support from soybeans.

FCPO-JAKARTA, Aug 6 (Reuters) - Malaysia crude palm oil futures closed up 1.6 percent on Friday after trading near a five-month high as gains in wheat sparked renewed concern erratic weather could also affect crops like soybean and palm oil, curbing global supplies.

U.S. wheat futures jumped more than 6 percent on Friday, taking weekly gains to around more than 25 percent as Russia's move to temporarily halt grain shipments after drought damaged its wheat crop sparked a buying frenzy.

The benchmark October crude palm oil contract on Bursa Malaysia Derivative Exchange settled up 42 ringgit at 2,661 ringgit ($846) a tonne after trading as high as 2,695 ringgit, a level not seen since March 11.

REGIONAL EQUITIES-BANGKOK, Aug 6 (Reuters) - Indonesian stocks rose on Friday, extending their gains into a third session as investors bet on a recovery in Southeast Asia's biggest economy, but the rest of the region ended flat to lower.

Foreign investors scooped up shares in Indonesia after its central bank said full-year economic growth was likely to exceed its forecast of close to 6 percent after higher-than-expected second-quarter growth.

Singapore <.FTSTI>, which hit a three-month high early this week, ended down 0.4 percent while Malaysia <.KLSE> edged down 0.1 percent, falling for a third session. Malaysia hovered around 29-month highs early this week. Singapore is shut on Monday for its national day.