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Technology stocks support Europe's and Japan's stock markets amid Iran war tensions
European and Japanese stocks rose, supported by a rebound in technology and semiconductor shares, while concerns over valuations in AI companies diminished. The European Stoxx 600 index increased by 0.4%, reaching around 638.5 points. Semiconductor companies such as ASML and Siltronic saw gains, while Synthok's shares declined. In Asia, the Japanese Nikkei index climbed 1.4% after a series of losses, led by semiconductor stocks, amid ongoing tensions in the Middle East and oil prices.
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