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) -- 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.


(TM) - Get Toyota Motor Corp. 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


fell about 2% after saying the

outlook for 2010

was "uncertain."

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

quarterly earnings and sales



(CSCO) - Get Cisco Systems, Inc. Report



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


ticked higher by less than 0.1%.

-- Reported by Joseph Woelfel in New York.

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