The technology sector pushes European stocks higher

LONDON, JULY 10/WAM/ European stocks rose on Thursday for the first time this week after the rise in technology sector stocks eased.

Of ongoing concerns about events in the Middle East.

The European Stoxx 600 index rose by about 0.8 percent to 640.88 points. The technology and basic resources sectors rose the most, with the first rising by 2.7 percent and the second by 3.2 percent.

Shares of electronic chip companies “Celtronic” jumped 13.4 percent, “Switech” 5.9 percent, and “ASML” 4.8 percent.

Spanish stocks were the highest performing in the region, after rising 1.1 percent from their lowest level in three weeks.

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