In the UK FTSE 100 Index added 39.50 points, or 0.7%, to 5453.10 points, sending the benchmark to a four-year high.
Mining shares such as BHP Billiton led gains after copper prices climbed for the fifth day in six.
BHP, the world's largest mining company, increased 30.5p, or 3.5%, to 891p.
Copper for delivery in three months on the London Metal Exchange gained 1.5% to $3,780 a metric ton after a decline in global stockpiles renewed concern that demand may exceed supply.
Rio Tinto, the world's third-biggest mining company, climbed 97p, or 4.5% to 2,266p. Antofagasta, the owner of three copper mines in Chile, advanced 43p, or 2.9%, to 1,545p.
Kingfisher, the world's third-largest home-improvement retailer, climbed 4.25p p, or 1.9%, to 225.75p after analysts raised the recommendation on its stock to “buy” from “neutral” with a 12-month share-price forecast of 250p, citing prospects for higher profitability.
Marks & Spencer Group, the UK's largest clothing retailer, gained 6.5p, or 1.8%, to 368.5p after analysts increased the company’s share-price forecast to 375p from 365p, saying rising sales may bolster profit.
In the US, stocks rebounded from their steepest weekly losses in three months after Hurricane Rita did less damage than forecast.
Insurers such as American International Group led the gains as Rita spared refineries and Houston. Retailers including Wal-Mart Stores also advanced.
The Dow Jones Industrial Average has added 59.39 points, or 0.%, to 10,478.98 in morning trading.
Wal-Mart added $0.28 to $43.48. The company said this morning that September sales at US stores open at least a year are rising within its forecast of 2% to 4% from a year ago.
Among other retailers, Target, the second-largest US discount merchant, advanced $0.70 to $53.29.
Boeing, the No.2 commercial-airplane maker, added $2.35, or 3.7%, to $65.55 for the best performance in the Dow average so far today The company has reached a tentative labor agreement with its striking machinists after boosting pension payments and dropping a requirement for workers to pay more of medical-insurance costs. The three-year contract to end a 24-day strike would be the quickest labor settlement in four decades.IFAonline
Partner Insight: For Blackfinch, the arrival of its IHT portfolio services was a 'natural evolution' in the group's offering and points to an established track record of returning cash to investors.
Senior Managers Regime
Interest rate outlook unchaged
FCA made demands last week