Europe stocks open higher; ASML up 4.7% on chip report; Remy Cointreau choppy as outlook disappoints

that potential curbs by the U.S. on semiconductor equipment and AI memory chips to China might not be as stringent as some had expected., meanwhile, fell 0.44% in choppy trade after the French spirits maker posted a smaller-than-expected fall in operating profit in the first half, but flagged a 15% to 18% sales decline for the full-year and deteriorating market conditions. Analysts at Citi said the company's outlook was"significantly worse than expected.

"There was little shift in consumer confidence since the Chancellor's Budget, with many worried about the economy in the lead up to Christmas," BRC Chief Executive Helen Dickinson said. President-elect Donald Trump's proposed steep tariffs on imports could create winners in the stock market — particularly among companies that help businesses manage their supply chains, according to Redburn Atlantic.

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