U.S. stocks finished higher on Thursdays, led by financials and energy stocks, after U.S. fourth-quarter gross domestic product was revised up to a growth of 2.1 percent year-on-year, higher than the initial estimate of 1.9 percent.

The Dow Jones industrial average closed up 0.33 percent at 20,728.49, the S&P 500 added 0.29 percent to finish at 2,368.06 and the Nasdaq composite rose 0.3 percent to post a record close at 5,91434.

Early Friday, a South Korean court approved a warrant to arrest ousted president Park Geun-hye, the country’s first democratically-elected leader to be thrown out of office.

Oil prices surged to their highest in three weeks after Kuwait Oil Minister Essam al-Marzouq said his country was in support of extending the OPEC production cut deal.

During Thursday U.S time, Brent crude was up 1 percent to settle at $52.96 a barrel and U.S. crude was up 1.7 percent to settle at $50.35.

The dollar was stronger at 100.41 against a basket of currencies, higher compared to levels of around 99 earlier this week. The dollar/yen stood at 111.77, while the Australian dollar fetched $0.7642.

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