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Sector movers: Tech stocks pace gains
Technology stocks topped the leaderboard again on Thursday after US central bank boss, Jerome Powell, reiterated overnight the Federal Reserve's commitment to buttressing growth.
Friday preview: UK fourth quarter GDP, US consumer confidence in focus
The market spotlight at the end of the week will be on a preliminary reading for fourth quarter UK gross domestic product.
Europe close: Stocks rise after Fed chief reassures
European shares were mostly higher on Thursday as investors cheered US central bank chief Jerome Powell's decision overnight to reiterate the Federal Reserve's commitment to buttressing economic growth.
US jobless claims fall by less than expected
US jobless claims fell by less than anticipated during the latest reference week.
Citi revises 2021 oil price forecasts higher
Analysts at Citi revised their projections for the price of oil, citing oil producers' success in running down global inventories and improved prospects for demand.
UK officials concerned by continued mutations in Covid-19 strains
A top UK health official expressed concern about the likely spread of the so-called UK variant worldwide and the fact that it was continuing to mutate.