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June 26 (Reuters) - European stocks opened higher on Friday, propped up by positive company updates, although investors remained cautious about a resurgence in U.S. COVID-19 cases and its impact on the global economy.
Markets this week have swung between fears of a second wave of coronavirus cases and signs of more economic support from governments and central banks. The STOXX 600 is still on course to post a 1% weekly loss.
Air France-KLM AIRF.PA jumped 5% after governments of France and Netherlands reached a deal on an aid package for the airline group, with the latter saying it would provide a 3.4 billion euro ($3.81 billion) financing package. AMS.S rose 5.7% after the Austria-based semiconductor company rejected media allegations of market manipulation during its takeover of Osram OSRn.DE .
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