Trader's Highlight

DJI-NEW YORK, Nov 26 (Reuters) - Commodity-related shares led U.S. stocks lower on Friday in a shortened post-holiday session, as investors unloaded risky assets on worries that euro-zone debt problems may continue to spread.

The U.S. dollar rallied while the euro slid to a new two-month low amid fears that Portugal and Spain could follow Ireland in needing bailouts to shore up their economies.

The Dow Jones industrial average <.DJI> dropped 95.28 points, or 0.85 percent, to end at 11,092. The Standard & Poor's 500 <.SPX> slipped 8.95 points, or 0.75 percent, to 1,189.40. The Nasdaq Composite <.IXIC> lost 8.56 points, or 0.34 percent, to 2,534.56.

NYMEX-NEW YORK, Nov 26 (Reuters) - U.S. crude oil futures prices settled slightly lower after seesawing in light, post-holiday trading volume on Friday, weighed down by Europe's debt crisis that pushed the euro to a two-month low against the dollar.

But reduced throughput in a Canada-U.S. crude oil pipeline, a refinery snag in Texas and geopolitical tensions helped limit losses by crude oil futures and crude futures prices posted a gain for the week.

On the New York Mercantile Exchange, January crude fell 10 cents, or 0.12 percent, to settle at $83.76 a barrel, trading from $82.78 to $84.53.

CBOT-CHICAGO, Nov 26 (Reuters) - Chicago Board of Trade grain and soy complex close on Friday.

CBOT-SOYBEANS - January down 16-1/2 cents per bushel at $12.38-1/2. Higher dollar, lower crude oil and lower equities weigh on market with further pressure from news China will be auctioning soybeans on Dec. 3.

CBOT-SOYOIL - December down 0.34 cent per lb at 49.90. Following soybeans, with lower crude oil also weighing.

FCPO-KUALA LUMPUR,Nov 26 (Reuters) - Malaysian palm oil futures fell on Friday as a stronger dollar prompted some profit taking although concerns over the monsoon hurting output limited losses.

Strong China demand for U.S. soybeans, which are crushed into oils, supported vegetable oil markets amid the government's call for banks to support the agriculture sector facing shortages in corn and other crops.

The benchmark February 2011 crude palm oil contract on the Bursa Malaysia Derivatives Exchange shed 0.4percent to 3,264 Malaysian ringgit ($1,042) per tonne by midday. The market jumped to its highest in three days the previous day. Traded volume stood at 5,300 lots of 25 tonnes each.

REGIONAL EQUITIES-BANGKOK, Nov 26 (Reuters) - Most Southeast Asian stock markets fell on Friday in light volume, with Philippine shares leading losses this week as regional economic growth slows, but appetite for newly listed firms appeared healthy.

Manila's main index <.PSI> shed 1.07 percent, at one point hitting a two-month low, after the Philippine economy unexpectedly contracted in the third quarter, raising concerns of slowing corporate earnings growth.

Singapore <.FTSTI> and Malaysia <.KLSE> both snapped two days of gains. Thailand's SET index <.SETI> fell for a third straight session to a one-week low, while Indonesia's index <.JKSE> lost almost 2 percent, reversing its previous session's gains.

In Kuala Lumpur, newly listed Petronas Chemicals shares ended 5.4 percent higher than the offered retail price of 5.04 ringgit. The stock jumped over 13 percent in early trade as investors piled into the $4.1 billion IPO, Southeast Asia's largest ever. Its sheer size is a sign that demand for Asian stocks remains firm despite jittery global markets.