STOXX 600 rises 0.6
Direct Line Insurance soars more than 36
Remy Cointreau rises following positive CEO comments
Inflation accelerates in German states
Nov 28 Reuters Tech stocks led the rebound in European shares on Thursday, following a twoday drop driven by concerns over potential U.S. tariffs and France39;s economic and political instability, with inflation reports in focus for insights into the ratecut path.
The panEuropean STOXX 600 index was up 0.6 by 0930 GMT. Trading volumes are expected to be light with the U.S. market shut for Thanksgiving holiday.
The tech sector climbed 1.8, on track for its best day in two weeks, as chip stocks gained after Bloomberg reported the U.S. administration39;s China chip curbs could be less severe than expected.
Shares of ASM International, BE Semiconductor and ASML gained between 3 and 4.7.
France39;s bluechip index also regained some lost momentum, rising 0.5, after sliding to August lows in the previous session.
Sentiment eased after European Central Bank President Christine Lagarde told the Financial Times a global trade war would be in nobody39;s interest.
French government bonds held steady after Wednesday39;s selloff drove the risk premium over German bonds to its highest point since the 2012 debt crisis.
French Prime Minister Michel Barnier39;s government faces an uncertain future, as his struggle in securing approval for the 2025 budget in a polarized parliament make it increasingly likely that his fragile…