BANGKOK—Hong Kong jumped more than 5 percent and other world markets also advanced after a survey of Chinese manufacturing showed activity has improved.
U.S. futures and oil prices rose, while the euro gained but stayed below $1.
The monthly manufacturing gauge from Caixin, a Chinese business news magazine, helped to counter renewed concerns about coronavirus outbreaks. It showed activity declined in October but at a slower rate than in the previous month.
The Hang Seng index in Hong Kong surged 5.2 percent to 15,455.27.
The Shanghai Composite Index gained 2 percent to 2,940.75.
In early European trading, Germany’s DAX added 0.9 percent to 13,367.68 and in Paris, the CAC40 surged 1.6 percent to 6,363.99. Britain’s FTSE 100 jumped 1.4 percent to 7,194.25. The future for the S&P 500 was up 0.7 percent while the contract for the Dow industrials gained 0.5 percent….