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European stocks rose at the opening of trading on Thursday, with the Stoxx 600 gaining 0.5% to 660.33 points. The basic resources sector jumped 2.7%, supported by a 6% rise in ArcelorMittal shares. Technology stocks, by contrast, fell amid concerns that expected US scrutiny of AI projects could slow their expansion. Rheinmetall shares dropped 14% after the company cut its 2026 sales forecast.
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