The Hong Kong Hang Seng index closed up by 1.03% and the Nikkei in Japan settled up by 0.77%.
August crude oil futures settled up 85 cents at $80.21 a barrel. August gold futures shed $3.50 to settle at $1,578.40 an ounce.
The benchmark 10-year Treasury was up 2/32, diluting the yield to 1.626%, while the greenback rose 0.24%, according to the
In corporate news,
(FB - Get Report)
was down slightly in afternoon action as a
slew of analysts
initiated coverage of the social networking giant, giving the stock mixed reviews. The share closed off 2.8%.
(ARNA - Get Report)
soared more than 28% after the company's weight loss pill Belviq
secured marketing approval
from the Food and Drug Administration.
announced an additional $3 billion buyback authorization after Tuesday's closing bell. Shares added 1.7%.
reported third-quarter profit of $1.63 a share, beating the profit estimate of $1.60 a share of analysts surveyed by
. Shares gained nearly 4%.
reported second-quarter earnings of 21 cents a share, beating the average analyst expectation for earnings of 17 cents a share. Shares rose 4.7%.
is projecting full-year profit of $2.65 a share, falling short of the consensus estimate of $2.75 a share, according to
Shares fell 1.6%.
-- Written by Andrea Tse and Joe Deaux in New York.
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