A ruling in Rhode Island sets a new tone for European utilitiesEuropean markets opened with a lift, and the source of that strength came from a single court decision on the other side of the Atlantic. The judgement, favouring a Danish offshore wind developer in its long-delayed project off Rhode Island, immediately shifted sentiment across the sector. A household goods group with a significant UK presence announced a lift in its profit guidance, sending its shares sharply higher. At the same time, a building materials business revealed plans to spin out part of its data-centre solutions unit, with the market welcoming the chance for clearer value recognition. Fidelity European Trust PLC (LON:FEV) aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.