European stocks on longest weekly winning streak since November 2019 By Iain Withers
By Sruthi Shankar
(Reuters) -European stocks were subdued on Friday, but on course for their longest weekly winning streak since November 2019 as hopes of a rapid recovery in economic growth offset doubts over the euro zone’s COVID-19 vaccination programme.
The pan-European STOXX 600 index was flat after hitting an all-time high at the open, while UK’s blue-chip FTSE 100 and Germany’s DAX slipped 0.4% and 0.2%, respectively.
Global sentiment was underpinned by the U.S. Federal Reserve’s pledge to keep its super-easy policy in place even as data showed the world’s largest economy kicking into higher gear.
European stocks on longest weekly winning streak in a year
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European stocks on longest weekly winning streak in a year
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