European shares open 1% higher on ASML, earnings boost

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European shares open 1% higher on ASML, earnings boost

) led overall gains on report that the Dutch chip equipment manufacturer was exempt from a fresh U.S. rule on foreign chip equipment exports.Shares of ASML surged 8% after Reuters reported that a new U.S. rule on foreign chip equipment exports to China will exempt some allies. The regional tech sector jumped 3.3%.) advanced nearly 3% as the bank pledged to buy back $3 billion in shares after it reported a stable first-half profit.

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