Equities jumped Thursday thanks to gains in tech stocks and as weak US jobs data fanned optimism for more interest rate cuts, outweighing concerns over a partial government shutdown.

Paris and Frankfurt stock markets jumped more than one percent, with automakers also rallying.

London was flat.

Tech stocks surged as South Korea's biggest chip firms agreed to supply chips and other equipment to OpenAI's Stargate project for AI infrastructure.

South Korea's Kospi index climbed 2.7 percent to a record high, thanks to Samsung and SK Hynix shares soaring to one-year highs after the firms signed a preliminary deal with the ChatGPT developer OpenAI.

Tokyo rose, as did Hong Kong's tech-heavy Hang Seng index. Shanghai was closed for a week-long holiday.

Taipei's stock index jumped 1.5 percent

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