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European stock markets rise, chip stocks boosted.
European stocks rose as the USA's restrictions on chip equipment sales may be less stringent than previously expected, boosting semiconductor stocks. The Stoxx 600 index closed up 0.5% in the London market, having risen 0.8% earlier. Semiconductor-related stocks, such as asml holding, VAT Group AG, and Aixtron SE, also increased. The spot market is closed for Thanksgiving. Wolf von Rotberg, a stock strategist at Bank J. Safra Sarasin, stated that the USA's restrictions on equipment sales "are not as severe as previously reported," providing support to European semiconductor equipment suppliers.