Global Shares, Oil Advance as China Manufacturing Rebounds

Global Shares, Oil Advance as China Manufacturing Rebounds
A pedestrian passes by the Hong Kong Stock Exchange electronic screen in Hong Kong, on March 1, 2023. Louise Delmotte/AP Photo
The Associated Press
Updated:

TOKYO—Global shares were higher Wednesday after reports on key measures of China manufacturing showed a strong recovery after anti-virus controls were lifted late last year.

France’s CAC 40 added 0.5 percent in early trading to 7,301.78. Germany’s DAX rose 0.5 percent to 15,422.23. Britain’s FTSE 100 rose 0.2 percent to 7,912.56. The future for the Dow Jones Industrial Average was 0.4 percent higher while that for the S&P 500 gained 0.3 percent.