News Snapshot:
(Bloomberg) — European stocks opened firmer, while US equity futures were pressured by report of new curbs on artificial intelligence chip sales to China. Most Read from Bloomberg The Stoxx Europe 600 Index gained as much as 0.5% as shares bounced from a six-day losing streak that ended on Tuesday. UBS Group AG advanced as the company prepared to cut more than half of Credit Suisse Group AG’s workforce. European technology firms shrugged off a Wall Street Journal report that said Washington is considering restrictions on chips made by Nvidia Corp. and other companies to China. The news knocked shares...
