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Europe shares near peaks
European stocks rose at the start of trading on Wednesday, with the Stoxx 600 gaining 0.7% to 662.83 points, supported by outlooks from Siemens Energy and CoreWeave. Siemens Energy shares jumped 8.82%, while the technology sector rose 1.7%. Gains later narrowed as inflation concerns mounted, following higher-than-expected US data and a rebound in Brent prices after attacks on ships in the Strait of Hormuz. This strengthened expectations of a US interest-rate hike in December.
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