France's CAC 40 rose 0.3% in early trading to 6,077.14. Germany's DAX gained 0.4% to 13,730.90, while Britain's FTSE 100 edged up 0.6% to 7,428.06. U.S. shares were set to drift higher with Dow futures rising 0.2% to 29,270. S&P 500 futures were also up 0.2%, at 3,375.50.
Adding to optimism, new virus cases in China have been falling, with 1,749 new infections and 136 new deaths announced on Wednesday. But data are showing disruptions to manufacturing, retailing and tourism. Japan reported its third straight month trade deficits in January and like the rest of Asia is enduring a downturn in tourism. Some controls have been set on travel to and from China and other places suffering from outbreaks of the virus.
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