Gold for December delivery settled up 90 cents at $1714.70 an ounce at the Comex division of the New York Mercantile Exchange, while January crude oil contracts rose $1.05 to close at $86.92.

The benchmark 10-year Treasury rose 3/32, diluting the yield to 1.585%. The dollar advanced 0.22%, according to the U.S. dollar index .

In corporate news, shares of Foot Locker ( FL) rose more than 4.5% after the athletic footwear and apparel retailer reported better-than-expected third-quarter results, with earnings per share of 63 cents on revenue of $1.524 billion as comparable-store sales jumped 10.2%.

Facebook ( FB) shares surged more than 6% with investors likely encouraged by a show of strength in shares this week despite the expiration of a big share lockup.

Dynavax ( DVAX) shares plunged more than 47% after a U.S. regulatory advisory committee failed to extend adequate approval to the clinical-stage biopharmaceutical company's hepatitis B vaccine.

Getco Strategic Investments revealed a 23.8% stake in brokerage firm Knight Capital Group ( KCG), sending Knight shares up 6.4%.

Penn National Gaming ( PENN) will be split into a gaming-based real estate investment trust and a gaming operator, both publicly traded. The stock jumped more than 28%.

J.M. Smucker ( SJM) raised its full-year guidance to earnings of $5.12 to $5.22 a share from $5 to $5.10 a share, saying that the branded food products company is "well-poised" for the holiday season and another year of growth. The stock fell nearly 2%.

Shares of Dell dropped 7% after the company came up short in its latest quarter and gave a lackluster outlook. Dell posted third-quarter non-GAAP profit of $679 million, or 39 cents a share, on revenue of $13.72 billion, below analysts' expectations of earnings of 40 cents a share on revenue of $13.89 billion.

Dell said it expects a "challenging macro-economic environment" to continue into the fourth quarter and forecast sequential revenue growth of 2%-5% for the January-ending period, implying revenue of $13.99 billion to $14.41 billion. Analysts forecast revenue of $14.48 billion in the quarter. For the full year, Dell stuck to its forecast for non-GAAP earnings of at least $1.70 a share, below the analysts' estimate of $1.73 a share.

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