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By 0707 GMT, the pan-European STOXX 600 was up 1%, opening higher for a fourth straight session.
Tech stocks jumped 1.8% with chipmakers leading gains after Nvidia, the world’s most valuable chipmaker, forecast higher-than-anticipated quarterly revenue and also announced a share buyback programme.
Shares of ASM International (AS:ASMI), BE Semiconductor (AS:BESI), ASML Holding (AS:ASML) and Aixtron (ETR:AIXGn) were among the early gainers, rising between 2.5% and 3.5%.
European retailers added 1.3% after falling more than 1% in the previous session.
Further lifting gains were easing bond yields across Europe, with German bund yields, considered as the region’s benchmark, easing to 2.46%.
Among individual stocks, Symrise (ETR:SY1G) gained 2.5% after Morgan Stanley upgraded the German flavour and fragrance maker to “overweight” from “underweight”.
