<div id="readability-page-1">Dec 12 (Reuters) - European shares opened higher on Friday, tracking overnight gains on Wall Street after the S&amp;P 500 closed at a record high as investors globally cheered the Federal Reserve's interest rate cut and remained optimistic about more in 2026. The pan-European STOXX 600 was up 0.3% at 582.96 by 0807 GMT, a day after logging its biggest one-day jump in over two weeks. Major regional</div>

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<p>European shares rose, led by banks, following Wall Street gains after the Fed's interest rate cut. The STOXX 600 increased by 0.3%, with Spain's IBEX up 0.6% and Germany's DAX up 0.5%. BNP Paribas rose 1.5% amid talks to sell its Moroccan unit. Investors shifted from defensive sectors, boosting Adidas and Puma by over 1.7%.</p>

European shares gain on boost from banks, Fed cut optimism