European Stocks Have Best Day Since November in Broad Rebound

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European stocks posted their biggest gain since November as a global rally picked up momentum following Monday’s plunge.

The Stoxx Europe 600 Index climbed 1.5% to 495.96 at the close in Paris, bouncing for a second day. Banking stocks advanced the most, while health care shares lagged after drugmaker Novo Nordisk A/S reported disappointing sales for its blockbuster weight-loss drug Wegovy.