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Week ahead: BoE, Global PMIs in the spotlight
Investors' focus over the coming week was expected to be on the Bank of England's policy announcement on Thursday.
Sector movers: Tech stocks pace advance at the end of the week
Software developers paced gains on the stock market at the end of the week with sentiment likely buoyed by the sharp gains seen overnight on the US Nasdaq.
US open: Stocks edge up as bear capitulation continues, consumer confidence strengthens
US stocks added to the solid gains from the previous session in early trading, even as a top-rated Wall Street strategist cautioned that upside for the S&P 500 benchmark might be limited.
Europe close: Stocks push higher again, despite hawkish central banks
European shares jumped on Friday, ignoring continuing hawkish noise from central banks around the world and taking their cue from strong sessions in the US and Asia overnight.
Fed's Barkin wants to return inflation to target 'relatively quickly'
A top Fed official said that he would be comfortable supporting further rate hikes if incoming data did not show slower demand returning inflation to 2% "relatively quickly".
US consumer confidence picks up in June, inflation expectations drop, University of Michigan says
Consumer confidence in the US improved a bit in June, alongside a big drop in inflation expectations.
BofA's Hartnett does not believe US stocks at start of 'new bull market'
A top-rated equity strategist at BofA Securities cautioned clients that he did not believe that Wall Street was starting on a "brand new shiny bull market".