Investors exuberant as Trump signals shift from austerity era

By Abhinav Ramnarayan LONDON (Reuters) - European stocks rose on Thursday following extraordinary gains in Asia and Wall Street was set to open higher again, as exuberance shot through markets and reversed initial dives in reaction to Donald Trump's U.S. presidential victory. Investors focused on Trump's priorities - including tax cuts and higher infrastructure and defence spending, along with bank deregulation - and set aside for the moment longer-term worries about whether he will slap punitiv