The Pan-Europe STOXX600 rose 0.9% as of 0821 GMT, with miners and oil stocks driving the rise against the backdrop of rising copper and crude oil prices, with a slight rise in risk cravings.
Semiconductor and chip inventory ASML Holding, ASM International, Infineon Tech and STMicroelectronics each rose about 2% after US chip maker Micron Technology exceeded market expectations with the latest information on transactions.
Sporting goods makers Adidas and Puma added 1.2% and 1.0%, following Nike’s quarterly beats.
Sanofi fell 0.1% after announcing the acquisition of Amunix Pharmaceuticals for about $ 1 billion.
European Equities: European Equities Rise After Monday’s Bruise Sold Out
https://economictimes.indiatimes.com/markets/stocks/news/european-shares-rise-after-mondays-bruising-sell-off/articleshow/88409926.cms European Equities: European Equities Rise After Monday’s Bruise Sold Out