MILAN (Reuters) - European shares continued their bounce on Wednesday led by technology shares, as upbeat earning updates including from semiconductor bellwether ASML came to the rescue following a turbulent start to the month.
The pan-European STOXX 600 <.STOXX> benchmark index rose 0.5 percent to a one-week high, having hit a 22-month low last week when jitters over rising U.S. bond yields and geopolitical worries rattled global markets.
The rebound was broad-based with all major European indexes and most sectors trading in positive territory.
The company said demand for memory and logic chips remains healthy and it expects further growth in 2019. That helped lift shares in other tech companies and sent their sectoral index <.SX8P> rising 2.5 percent.
Among top gainers following results were also UK publisher Pearson
Fresenius Medical Care
(Reporting by Danilo Masoni)