Asian Stocks End Lower; Europe Slips - TheStreet

NEW YORK (

TheStreet

) -- Asian stocks closed lower Thursday and European shares were slipping following a slide on Wall Street following two days of gains.

The Nikkei 225 average in Tokyo fell 0.5% to 10,355.98.

Toyota

(TM) - Get Report

declined 3.5% after reporting after the bell that it was

raising its full-year earnings forecast

. However, the automaker is still dealing with the fallout from a global recall of cars because of sticking gas pedals and questions about brake trouble on its top-selling hybrid Prius.

The Hang Seng index in Hong Kong fell 1.8%. Shanghai's benchmark stock index dropped 0.3%.

In London, stocks fell 0.8%, and were down 0.7% and 0.8% in Frankfurt and Paris, respectively. Shares of

Royal Dutch Shell

(RDS.A)

fell about 2% after saying the

outlook for 2010

was "uncertain."

Premarket futures in the U.S. were lower ahead of the weekly jobless claims report and despite strong

quarterly earnings and sales

from

Cisco

(CSCO) - Get Report

.

The

Dow Jones Industrial Average

fell 26.30, or 0.3%, to 10,270.55 on Wednesday. The

S&P 500

index fell 0.6%, while the

Nasdaq

ticked higher by less than 0.1%.

-- Reported by Joseph Woelfel in New York.

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