NEW YORK: US and European stocks moved higher on Thursday as investors digested company updates and awaited developments on US stimulus, dealers said, while Bitcoin struck a fresh high.
The still-high claims level “means, in the stock market’s mind … it will invite more stimulus,” said Briefing.com analyst Patrick J O’Hare. Meanwhile, bitcoin struck a fresh high of US$48,663.05 as the cryptocurrency gained further mainstream support.
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