Trader's Highlight

DJI-NEW YORK, Nov 9 (Reuters) - Wall Street fell for a second day on Tuesday as selling accelerated into the close, led by sharp losses in bank and metal stocks.

In a market ripe for profit-taking, sellers had a number of triggers late in the session to unload shares. The biggest negatives were a sudden decline in the euro and a late-day slump in the Treasury market.

Financial stocks, which were already soft, were hit harder as interest rates rose late in the day. Metals and energy stocks, which had been the standout performers, gave up earlier gains after the price of several commodities suddenly fell from lofty levels.

The Dow Jones industrial average <.DJI> slid 60.09 points, or 0.53 percent, to 11,346.75. The Standard & Poor's 500 Index <.SPX> dropped 9.85 points, or 0.81 percent, to 1,213.40. The Nasdaq Composite Index <.IXIC> lost 17.07 points, or 0.66 percent, to close at 2,562.98.

NYMEX-NEW YORK, Nov 9 (Reuters) - U.S. crude oil futures fell on Tuesday on profit-taking, ending a six-day winning streak, during which prices rose nearly 7 percent.

Crude oil earlier in the day hit a fresh two-year high but then came under pressure from a resurgent dollar.

On the New York Mercantile Exchange, crude for December delivery settled down 34 cents, or 0.39 percent, at $86.72 a barrel, after trading from $86.38 to $87.63, the highest intraday price for front-month crude since Oct. 9, 2008, when the day's peak hit $89.82.

CBOT-CHICAGO, Nov 9 (Reuters) - Chicago Board of Trade grain and soy complex futures close on Tuesday.

CBOT-SOYBEANS - November up 54-3/4 cents at $13.19-1/4 per bushel; January up 54-1/4 at $13.29. Market boosted by a surprise reduction in USDA's estimate of the U.S. 2010 soybean crop and bullish ending stocks data in USDA's November supply/demand reports. Additional support from weak dollar and broad strength in commodities.

CBOT-SOYOIL - December up 1.39 cents to 53.40 cents per lb. Rose to highest spot price in more than 26 months on spillover strength from soybeans and soaring global vegoil markets.

FCPO-KUALA LUMPUR, Nov 9 (Reuters) - Malaysian crude palm oil futures rose nearly 3 percent to touch a fresh two-year high on Tuesday, supported by gains across the commodity markets.

January 2011 palm futures on the Bursa Malaysia Derivatives Exchange rose 90 ringgit to 3,363 ringgit ($1,076) after touching a more than two-year high of 3,372 ringgit earlier in the day -- a level unseen since July 2008. Overall traded volume almost doubled to 19,963 lots of 25 tonnes.

Traders, who are awaiting official data on Malaysia's palm oil production, stocks, imports and exports due on Wednesday, said prices of the vegetable oil are likely to stay firm despite a poll showing that the stocks level may hit new highs.

REGIONAL EQUITIES-BANGKOK, Nov 9 (Reuters) - Indonesian shares set an all-time high on Tuesday, helped by demand for coal miners, but the region turned generally cautious, worrying that any sustained U.S. dollar rebound may cap demand for Asian risk assets.

Thai stocks <.SETI> eased 0.2 percent after an early climb to a more-than-14-year high. The Philippine index <.PSI> fell 0.7 percent to a one-week low and Vietnam <.VNI> dropped 1.7 percent.

Singapore's main index <.FTSTI> and Malaysia <.KLSE> each gained around 0.4 percent to their highest level in around 34 months.

In Kuala Lumpur, buying interest shifted to financials, with top lender Malayan Banking Bhd rising over 2 percent, while palm oil firm IOI Corp Bhd fell 0.5 percent after hitting a two-year high on Monday.

Nomura International (Hong Kong) Limited said it was bullish on Malaysia.