Steel stocks on rise
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Shares of AK Steel and several other steel makers rose sharply Friday, despite a short trading day, on speculation that steel supplies in Japan are short.
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Steelmaker reports big profits, disturbing trends.
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Nucor Corp. NUE.N, one of the top  U.S. steelmakers, raised its quarterly profit forecast as much  as 44 percent on Thursday due to surging steel prices, sending  its shares to more than 20-year highs.
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Bid activity in the steel sector led industrial metals groups higher, but European equity markets remained largely flat on Wednesday as losses for financial stocks weighed.
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Japanese stocks rose Thursday amid optimism about the nation's economic propects, with bank and steel shares leading the way. The dollar was lower against the yen.
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Most Asian markets advanced Monday as Japanese stocks were lifted by gains in metal and machinery shares and Chinese and South Korean markets rose to new records.
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Stocks rose on Wednesday, led by gains in energy and semi-conductor shares.
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Oil and steel stocks helped boost European markets Thursday, with dealers reporting healthy trading volumes in some areas despite Wall Street's closure for the Thanksgiving holiday.
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A stronger-than-expected reading on  Japanese machinery orders pushed up machinery stocks such as  industrial robot maker Fanuc Ltd. on Monday, sending the Nikkei  average 0.55 percent higher.
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Tokyo stocks rose on Wednesday for the fifth consecutive session, as investors bet on optimistic forecasts for steel and shipping issues and hopes for a more robust economic recovery in Japan.
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Stocks were up on Friday after stronger-than-expected new home sales in July and another report showing a rise in factory orders for big-ticket items.
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TOKYO: Japan&#39;s Nikkei average inched higher on Thursday, helped by gains in steel producers like JFE Holdings after Nissan Motor said it was suffering from a shortage of steel.
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Japanese stocks rose by mid-afternoon on  Wednesday as favorable earnings lifted companies including  Mitsubishi Electric Corp. while steelmakers gained on  anticipation of a rise in steel sheet prices.
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Japanese stocks rose by mid-afternoon on Wednesday as favorable earnings lifted companies including Mitsubishi Electric Corp. while steelmakers gained on anticipation of a rise in steel sheet prices.
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Stock index futures rose on Thursday, pointing to a higher market open, after data suggested a stronger-than-expected jobs market and an upgrade of General Motors Corp.  sent the auto maker's shares higher.
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U.S. stocks looked set to open higher on Monday, with shares of metal producers poised to gain as takeover activity in the sector heated up.
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Stocks rose on Monday with the S&P 500 and the Dow industrials eking out closing records as higher energy shares and a fresh round of takeovers offset concerns about a sharp sell-off in Chinese stocks.