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Europe close: Stocks finish at session highs ahead of key EU leaders meeting
Shares in Europe finished higher on Thursday and near their best levels of the session, as investors looked past a horribly weak reading on the euro area's services sector ahead of a meeting of European Union leaders scheduled for later in the day.
Answer to whether Covid-19 antibodies confer immunity possible by early July
Does having antibodies for the coronavirus confer immunity?.
Friday preview: Consumer confidence, Computacenter in the spotlight
The market spotlight at the end of the week will continue to shine brightest on the US, where two key economic indicators are set for release and expected to show mixed readings, although the risks are clearly tilted to the downside.
US new home sales crash in March, worse to follow
New home sales in the US staged their largest drop in six years last month with some economists expecting still worse in the April figures.
Morgan Stanley cuts target prices for airlines, says Covid-19 impact may last longer
Analysts at Morgan Stanley downgraded their view on Europe's main airlines from 'in line' to 'cautious' after concluding that the impact of the Covid-19 pandemic on the sector was set to last for longer.
Spanish authorities say progress in containing Covid-19 'better than expected'
The spread of the Covid-19 pandemic in Spain is progressing more slowly than authorities had feared, the head of the country's emergency services said.
US jobless claims soar again during latest week
Initial weekly US jobless claims continued to surge higher during the latest week, underscoring the dire state of the jobs market.
Europe midday: Stocks steady ahead of key EU leaders meeting
Shares in Europe were mostly higher on Thursday, with investors looking past a horribly weak reading on the euro area's services sector ahead of a meeting of European Union leaders scheduled for later in the day.