European markets closed on a strong note on Thursday, rebounding well after a sell-off in the previous session, as some upbeat earnings and optimism about global economic recovery helped offset inflation worries and fears about monetary easing.
Upbeat data from the U.S. that showed jobless claims dropped last week, falling to the lowest level since mid-March 2020, aided sentiment. Cryptocurrencies, including Bitcoin, bounced back from previous session's losses.
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