Data in Europe was still downbeat. Euro zone business activity declined for a fifth month in November, final PMI data showed, suggesting the economy was sliding into a mild recession.
Brent crude futures ticked up 0.9% to $83.4 a barrel. Futures fell more than 3% in the previous session after the U.S. economic data.
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Nio, Alibaba, Bilibili among China stocks set for another rally as Covid controls easeU.S.-listed shares of Chinese internet stocks are enjoying a sharp rally yet again in premarket trading Monday.
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