DJI-NEW YORK, Nov 22 (Reuters) - U.S. stocks fell for a fifth day in a row on Tuesday, having lost more than 5 percent over that period as borrowing costs in Spain hit another record high.
The market remains anchored by concerns about the worsening debt crisis in Europe where rising yields suggest the outlook continues to deteriorate and stocks have been tied to the European credit market's volatility.
The Dow Jones industrial average <.DJI> was down 53.59 points, or 0.46 percent, at 11,493.72. The Standard & Poor's 500 Index <.SPX> was down 4.94 points, or 0.41 percent, at 1,188.04. The Nasdaq Composite Index <.IXIC> was down 1.86 points, or 0.07 percent, at 2,521.28.
NYMEX-NEW YORK, Nov 22 (Reuters) U.S. crude futures rose on Tuesday after three days of losses as sanctions against Iran raised fears of regional instability, while gasoline futures jumped on forecasts of longer Thanksgiving holiday road trips.
The euro gained against the dollar, supporting oil, after the International Monetary Fund said it would open more lending schemes to aid countries with sound policies but faced risk due to the euro debt crisis.
On the New York Mercantile Exchange, January crude
CBOT-SOYBEANS, Soybean futures on the Chicago Board of Trade ended modestly higher in a light short-covering bounce after falling to a 13-month low, traders said.
Soyoil futures led the soy complex higher, driven by expectations of tightening U.S. soyoil stocks due in part to demand for soy-based biodiesel.
FCPO-SINGAPORE, Nov 22 (Reuters) - Malaysian palm oil futures fell their lowest in more than a week on concerns huge debt burdens in the U.S. and Europe may prove to be unmanageable and stall growth and commodity demand.
Gloomy economic sentiment pushed palm oil futures lower for a second day although a technical correction helped claw back some losses on the back of favourable demand and supply fundamentals.
Benchmark February palm oil futures
REGIONAL EQUITIES-BANGKOK, Nov 22 (Reuters) - Southeast Asian stock markets pushed higher in light volume on Tuesday as bargain-hunting helped reverse some of the recent losses in consumer and commodities-related stocks but worries about the health of Western economies have not gone away.
Most markets were steady to weaker in early trade, hovering around multi-week lows, but a rebound in European shares spurred late buying.
Trading elsewhere in Southeast Asia was choppy.
Singapore <.FTSTI> ended up 0.7 percent, Malaysia <.KLSE> edged up 0.3 percent, Thailand <.SETI> rose 1.3 percent and Vietnam <.VNI> gained 0.7 percent. Bucking the trend, the Philippines <.PSI> eased 0.3 percent.
Among actively traded stocks, Indonesian-based consumer goods firm PT Unilever Indonesia Tbk
