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Banks and tech stocks lift European stocks in early trade

Banks and tech stocks lift European stocks in early trade

Banks and tech stocks lifted European stocks in early action on Wednesday, ahead of a Federal Reserve decision that will come after the close of trade on the Continent. UniCredit jumped 6% after lifting earnings guidance, while STMicroelectronics rose 3% after results from rival Texas Instruments. The Stoxx Europe 600 rose 0.4%, as futures on the S&P 500 rose 0.9% after heavyweight U.S. tech earnings weren't as bad as feared.