ASML Earnings Boost European Shares
European shares rose after ASML reported strong AI-driven demand and raised its sales outlook. The tech sector rebounded while investors awaited upcoming inflation data.
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European shares rose 0.48% on Wednesday morning, recovering from previous losses as upbeat earnings from ASML HOLDING NV boosted technology stocks. The pan-European STOXX 600 index climbed to 638.07 points during morning trading. This rebound follows a Tuesday pullback from a one-week high.