Closing Bell: Unilever and Tesco Settle Dispute; U.S. Stocks Claw Back From Lows

Stocks claw back from lows to settle modestly lower as fears over China's economy fade.
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Stocks clawed back from lows to settle modestly lower as fears over China's economy faded. Crude oil also bounced back to above $50 a barrel.  Delta Air Lines (DAL) - Get Report announced plans to limit flight capacity to bolster fares. The airline's capacity across the Atlantic will be reduced by 3% to 4% in November following a flood of rival flights. Unilever (UL) - Get Report and Tesco have resolved a dispute over pricing. Tesco, the largest retailer in Britain, had halted the online sale of Unilever goods earlier in the day in a dispute over price increases tied to the British pound's recent tumble. Viacom (VIA.B) climbed after Bank of America and Wells Fargo both gave an upgrade. Both firms raised the possibility of a reunion with CBS, though Wells Fargo noted a combination was not imminent.