Tech stocks led a recovery in European shares on Thursday following a two-day decline triggered by concerns over U.S. economic issues and France's political challenges. The STOXX 600 index rose 0.4% to 507.23 points. The tech sector gained nearly 1%, with chip stocks seeing significant gains after reports suggested the U.S. administration's curbs on Chinese chip imports may not be as stringent as anticipated. French stocks also saw a slight rebound, gaining 0.5%.
ECB President Christine Lagarde commented that a global trade war would not benefit any party. French government bonds stabilized after Wednesday's sell-off, with inflation in Germany remaining steady at 2.4%. Spain's inflation matched expectations, while U.S. inflation data raised concerns about the Federal Reserve's approach to policy easing
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