European Stocks Post Longest Weekly Winning Streak in 17 Months

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European equities edged up to a fresh record, as investors weighed prospects for recovery and awaited the earnings season.

The Stoxx Europe 600 Index was up 0.1% at the close, completing a sixth week of gains, its longest weekly winning streak since November 2019. Health-care and construction shares led gains, while energy dropped. The tech subindex rose 0.3%, almost ending at 700 for the first time since the dot-com days of 2001.