After Market Rout, Global Indices TGI Friday, Paring Losses




TheStreet TV show

Summary: European stock indices edge upwards on Friday ahead of non-farm payrolls data from the U.S., while Asian markets closed largely higher, paring weekly losses. Fourth-quarter results from ArcelorMittal boost the stock ¿ and fuel hopes about a wider steel sector recovery. Meanwhile, in Tokyo investors in Sony give CEO Hirai the benefit of the doubt, marking the stock up after Thursday¿s restructuring announcement despite news that the appliances and entertainment giant will finish the year in the red.