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Market Update : 
Steel Stocks Rise Ahead of Earnings
Author: 123jump.com Staff
123jump.com
Last Update: 5:14 PM EDT May 12 2008


European markets edged higher on the strength in energy and steel stocks. ArcelorMittal and ThyssenKrupp led the rise in market averages in Germany and in France ahead of earnings this week. Societe Generale fell after HSBC took a charge of $3.2 billion to cover losses in the U.S. mortgage loans.

 

 

 

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