European Stocks Rise on Hopes of Softer US Curbs on China Tech
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European stocks rose, as semiconductor shares got a boost from the prospect of softer-than-expected US curbs on chip equipment sales to China.
The Stoxx Europe 600 Index traded 0.5% higher at the close in London, having earlier risen as much as 0.8%. Semiconductor-linked stocks such as ASML Holding NV, VAT Group AG and Aixtron SE all rose. US futures also traded higher, though the cash market was shut for the Thanksgiving holiday.