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European stocks rise supported by the technology sector

European stocks opened higher on Tuesday, supported by gains in technology stocks amid growing optimism that the Federal Reserve will not raise interest rates during its monetary policy meeting.

The pan-European STOXX 600 was up 0.5% by 0715 GMT, with the interest rate-sensitive technology sector index up 1.5%.

Investors are hoping that US inflation data due later on Tuesday will show a decline in prices in May, which will boost bets that the US central bank will not raise interest rates when it makes its decision on Wednesday.

Embriser jumped 5.2 percent, topping the STOXX 600 index, after the Swedish video game group announced a restructuring program to cut costs and investments, including spending on developing new products.

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