 stoxx 600 on course for weekly loss sept 10 reuters  european stocks inched higher on friday lifted by technology and luxury shares while investors weighed risks from tighter monetary policies after the european central bank signalled a slowdown of its pandemicera bond purchases the paneuropean stoxx 600 index rose 02 but was still on course to end the week 07 lower amid persisting worries of a slowing global economic recovery news of a call between chinese leader xi jinping and us president joe biden offered some relief to battered asian stocks particularly tech companies that have come under heightened regulatory scrutiny in beijing tech stocks in europe rose 08 while luxury stocks got a boost as france’s lvmh rose 17 after hsbc recommended buying the stock chinaexposed miners were also among the top sectoral gainers while telecoms fell the most european stocks found some comfort after the ecb stressed it wasn’t about to close the money taps despite projecting higher growth and inflation for the euro zone “the outcome of the meeting is likely to be supportive in the short term” unicredit analysts said “but even if ecb president christine lagarde was cautious in highlighting that the decision was a just a recalibration a “real” tapering is probably coming next year provided that economic conditions remain good enough” they added european shares have hovered below their midaugust record highs on the back of strong earnings and recovery prospects but major money houses are sceptical of further gains particularly in us stock markets that is home to highgrowth companies data earlier showed britain’s economy unexpectedly slowed to a crawl in july as the delta variant of covid19 spread rapidly among other stocks fresenius medical care dropped 40 after jpmorgan downgraded the stock to “underweight” biontech rose 39 after two executives at the german biotech firm told der spiegel that the company is set to request approval across the globe for use of its covid19 vaccine in children as young as five reporting by sruthi shankar in bengaluru editing by sherry jacobphillips and saumyadeb chakrabarty