BANGKOK—Shares rose in Europe after a mixed session in Asia on Monday, where Hong Kong’s Hang Seng index sank 5 percent after the neighboring city of Shenzhen was ordered into a shutdown to combat China’s worst COVID-19 outbreak in two years. Benchmarks rose in Frankfurt, Paris, and Tokyo and U.S. futures were higher. Oil prices retreated against the backdrop of uncertainty from the war in Ukraine. Germany’s DAX advanced 2.8 percent to 14,003.93, while the CAC 40 in Paris picked up 1.7 percent to 6,367.58. Britain’s FTSE 100 gained 0.3 percent to 7,178.48. The future for the Dow Jones Industrial Average rose 1 percent, auguring a positive start for the week’s trading. The S&P 500 future was 0.7 percent higher. The spreading virus outbreaks in China are compounding worries over supply chain disruptions both from the pandemic and from the war. A vital manufacturing and technology hub of 17.5 million …
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