Japanese markets were closed for a public holiday.

Gold for February delivery Monday added $8.80 to settle at $1,669.40 an ounce at the Comex division of the New York Mercantile Exchange, while February crude oil futures increased 58 cents to close at $94.14 a barrel.

The benchmark 10-year Treasury was up 5/32 to dilute the yield to 1.852%. The dollar was down 0.06%, according to the U.S. dollar index .

Harry Winston Diamond ( HWD) said it is selling its luxury-brand diamond jewelry and timepiece division, Harry Winston Inc. to Swatch Group for $750 million plus an assumption of up $250 million of pro forma net debt. Shares surged 4.3%.

hhgregg ( HGG) shares were off by 5.7% after the specialty retailer of home appliances and electronics reported lower-than-forecast fiscal third-quarter results amid a predicted 10% same-store sales decline.

United Parcel Service ( UPS) has withdrawn its €5.2 billion ($7 billion) takeover of TNT Express after it learned that European regulators would block the deal.

UPS shares rose 1.7%.

Transocean ( RIG) disclosed that activist investor Carl Icahn acquired a 1.56% stake in the offshore rig contractor and is looking to boost that holding, Reuters reported.

Shares lost 0.3%.

Facebook ( FB) shares rose 2.4% as the stock was upgraded to buy from hold by analysts at Deutsche Bank, who were impressed by the revenue boost the company is getting from mobile newsfeed ads.

Flowers Foods ( FLO) shares surged 9.6% after the company said it has signed agreements to buy certain brands, including Wonder Bread and Nature's Pride, from bankrupt Hostess Brands for about $360 million.

Lear ( LEA) shares climbed 0.23% as the supplier of automotive seating and electrical distribution systems launched financing actions to increase liquidity and announced an increase in its existing share repurchase program authorization.

-- Written by Andrea Tse and Joe Deaux in New York.

>To contact the writer of this article, click here: Andrea Tse.

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