By Shruti Date Singh Nov. 7 (Bloomberg) -- Sugar futures rose, ending a two-day slide, as the Dow Jones Industrial Average, which is considered an economic indicator, advanced after sliding almost 10 percent in the past two days. The price of sugar dropped 6.6 percent in the last two sessions following losses in the stock market. The Dow, which includes shares of 30 companies considered leaders in their industries, rose as much as 1.6 percent today. The Reuters/Jefferies CRB Index of 19 commodities gained as much as 0.3 percent before retreating. Sugar ``seems to want to follow the Dow Jones,'' said Jonathan Kingsman, the head of sugar analyst Kingsman SA in Lausanne, Switzerland. ``The commodity markets seem to be moving in correlation with the Dow.'' Raw-sugar futures for March delivery rose 0.09 cent, or 0.8 percent, to 11.96 cents a pound at 9:58 a.m. on ICE Futures U.S. in New York. A close at that price would mean a weekly loss of 0.3 percent, after a gain of 12 percent last week. Futures fell 12 percent in October as investors sold commodities to raise cash amid a credit crunch and on concern that a recession will reduce demand for raw materials. To contact the reporter on this story: Shruti Date Singh in Chicago at ssingh28@bloomberg.net.

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