European stocks closed lower on Friday after the U.S. economy produced fewer than expected jobs in October and tensions in Ukraine flared.» Read More
European equities closed higher for a second day on Friday, as investors brushed off a worse-than-expected U.S. nonfarm payrolls report.
Yannick Naud, portfolio manager at Sturgeon Capital, explains that ArcelorMittal is his top pick in the steel sector because it should benefit the most from "a rebound in developed markets."
ArcelorMittal, the world's largest steelmaker, forecast higher profits in the year ahead due to increased steel and iron ore shipments.
Some of Friday's midday movers:
Some of the names on the move ahead of the open.
Chinese shares outperformed on Wednesday while the rest of Asian shares fell on profit-taking and rising political tensions in the region.
Arnaud Montebourg, France’s notorious minister for Industrial Renewal, announced that Titan, whose CEO said a Goodyear factory was “not worth saving”, could take it over after all.
France's parliament passed a law on Tuesday imposing tough penalties on companies that shut down operations deemed economically viable, as President Francois Hollande struggles to save jobs in a declining industrial sector.
Cramer is a fundamental investor. However he’s always intrigued by the charts, especially when they signal something radical as this!
China's export figures are not good news for GDP figures, which will be released on Sunday night.
We are hearing the usual chorus of complaints at the start of earnings season, that profits look anemic, but data suggests things may not be that bad.
The European Commission unveiled an array of measures and recommendations on Tuesday to revive Europe's steel industry, hurt by tumbling demand and plant closures.
Stocks finished modestly higher Friday with major indexes posting their third week in positive territory and the Dow and S&P 500 closing at new record highs.
ArcelorMittal, the world's largest steelmaker, defied fears of a profit warning on Friday and kept its earnings forecast for this year, helped by deep cost cutting in Europe.
U.S. stock index futures pointed to a higher open on Friday as the global risk-on rally regained strength in early trade in Asia and Europe.
Check out which companies are making headlines before the bell Friday:
Paul Renken, senior geologist and mining analyst at VSA Capital, questions ArcelorMittal's steel prices outlook, and discusses what it could do to reach its higher profit guidance for 2013.
Major sector indices start the second quarter with a perfect inverse image of first quarter performance. Dow Transports and small-cap stocks lag.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Hackers have hit many U.S. companies, but few have admitted it. Now, some are going public, reflecting new ways of judging the risks and benefits of such moves.