LIVE MARKETS-Europe hitches a ride on the TACO rally
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Europe's STOXX 600 index rose 1.1% on Thursday, boosted by a rally in the U.S. following President Trump's tariff rollback. The auto sector led gains, with Renault up 3.3% and Volkswagen up 1.5%. However, Ubisoft shares plummeted 33% due to a major reorganization. Computacenter surged 10.2% after a positive trading update, while Telenor rose 8% after selling a stake in True. Conversely, Carl Zeiss Meditec fell 8.9% after reporting lower earnings expectations for FY 2025/2026.
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