The FTSE in London pared losses, settling down 0.25%, while the DAX in Germany closed up 0.46%, gaining some strength on stimulus optimism. The Hong Kong Hang Seng index settled off 1.47% and the Nikkei in Japan finished down 1.09%.
The benchmark 10-year Treasury fell 6/32, raising the yield to 1.598%. The greenback slumped 0.12%, according to the
October crude oil futures settled up 6 cents at $95.36 a barrel and December gold futures lost $2 to settle at $1,694 an ounce.
On the corporate front,
, the package delivery giant, said it now expects earnings of $1.37 to $1.43 a share in its fiscal first quarter ended in August, well below its original forecast for a profit of $1.45 to $1.60 a share.
FedEx said global weakness "constrained revenue growth at FedEx Express more than expected in the earlier guidance." Analysts were expecting earnings of $1.56 a share in the first quarter. The stock closed down 2%.
CEO Mark Zuckerberg indicated he has no plans to sell any of his
in the social networking giant for at least 12 months. The shares rose nearly 5%.
(NOK - Get Report)
tanked 16% on heavy volume after the company
unveiled its Lumia 820 and 920 smartphones
Windows Phone 8 mobile operating system.
( GWRE )
shares leapt 10% after the provider of system software to the global property and casualty insurance industry reported fiscal fourth-quarter results that beat Wall Street's expectations.
hiked its full-year earnings guidance, after posting stronger fiscal-second quarter profit, as demand for basic goods and cheaper foods rose. The discount retailer also announced that its board has approved the buyback of up to an additional $500 million of its common stock. The stock added less than 1%.
shares extended strong gains from the previous session, popping more than 4%, as investors stayed enthusiastic about the company's plan to purchase privately-held environmental services firm
for about $380.5 million in cash and stock.
--Written by Andrea Tse in New York.
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