Global Stocks Follow Wall Street Higher With China Closed

BEIJING—Global stocks gained Wednesday while China was closed for the Lunar New Year holiday. London and Frankfurt opened higher. Tokyo and Sydney gained. The future for Wall Street’s S&P 500 index was higher. In early trading, the FTSE 100 in London rose 0.5 percent to 7,574.35. Frankfurt’s DAX gained 1 percent to 15,619.39 and the CAC 40 in Paris added 1.4 percent to 7,099.49. On Wall Street, the S&P 500 future was up 0.4 percent. That for the Dow Jones Industrial Average was off less than 0.1 percent. On Tuesday, the S&P 500 gained 0.7 percent, boosted by gains for energy and tech stocks in a late burst of buying. The Dow rose 0.8 percent and the Nasdaq composite added 0.7 percent. In Asia, the Nikkei 225 in Tokyo rose 1.8 percent to 27,552.61 and Sydney’s S&P-ASX 200 advanced 1.3 percent to 7,094.80. India’s Sensex advanced 0.9 percent to 59,403.16. …

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