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European markets open to close, earnings, data and news

European markets were higher Friday as investors digested the European Central Bank’s latest decision and fresh economic data.

The pan-European Stoxx 600 was up 1.1% in early afternoon deals, with sectors trading in mostly positive territory. Household goods were up 4.7%, while tech stocks sunk 0.8%.

French drinks maker Remy Cointreau jumped to the top of the Stoxx 600 in early trade, rising 16%, after reporting a smaller than expected decline in third-quarter sales. Luxury fashion house LVMH also rose 10% as increased fourth-quarter sales signaled a boost for the luxury sector.

The ECB met market expectations Thursday and held interest rates steady at their current record high. The euro zone deposit rate was kept at 4% for the third straight meeting and the ECB reiterated that it would keep rates high for a “sufficiently long duration” to bring inflation to target.

U.K. consumers are…

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