Banks Lift Europe Stocks to Highest Since ’15 as Santander Gains
European Stocks Soar as Stoxx 600 Gains 1.3%
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European equities joined a global rally, jumping the most since November, on optimism about corporate earnings.
The Stoxx Europe 600 Index rose 1.3 percent to close at a 13-month high. Banks and insurers led gains as government-bond yields climbed and Banco Santander SA reported better-than-estimated quarterly profits. Stocks in Asia rallied, while the Dow Jones Industrial Average broke through the 20,000 threshold in the U.S.