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The pan-European STOXX 600 added 0.9% as of 0821 GMT, with miners and oil stocks leading gains on the back of higher copper and crude prices amid a slight upturn in risk appetite. [O/R] [MET/L]
Semiconductor and chip stocks ASML Holding (NASDAQ:ASML), ASM International (OTC:ASMIY), Infineon (OTC:IFNNY) Tech and STMicroelectronics rose around 2% each after U.S. chipmaker Micron Technology (NASDAQ:MU) beat market expectations in its trading update.
Sporting goods makers Adidas (OTC:ADDYY) and Puma added 1.2% and 1.0% following Nike (NYSE:NKE)’s quarterly beat.
Sanofi (NASDAQ:SNY) slipped 0.1% after announcing it will buy Amunix Pharmaceuticals for about $1 billion.
