Global stocks and U.S. futures rose Tuesday after Chinese manufacturing improved, South Korea reported stronger exports and Australia’s central bank left its benchmark lending rate at a record low. Markets in London, Frankfurt, Shanghai and Tokyo advanced as investors looked ahead to U.S. Federal Reserve Chairman Jerome Powell’s appearance before legislators a day after he said the pace of recovery is moderating. Investors are optimistic about the development of a possible coronavirus vaccine despite caution about the short-term economic impact of rising virus cases in the United States and Europe. The future “seems incredibly bright and bullish,” Stephen Innes of Axi said in a report. In early trading, the FTSE 100 in London rose 0.6% to 6,304.22 and Frankfurt’s DAX added 0.7% to 13,384.06. The CAC 40 in Paris gained 0.6% to 5,551.72. On Wall Street, futures for the S&P 500 index and Dow Jones Industrial […]