News Snapshot:
The pan-European Stoxx 600 index was almost 6% higher in the first three months of the year. Photograph: Bloomberg European shares, long the poor cousins of Wall Street equities, were having a moment before US president Donald Trump triggered chaos across global financial markets a month ago. The pan-European Stoxx 600 index – which had advanced at merely a quarter of the 185 per cent pace of the New York’s S&P 500 over the past 10 years – managed to creep almost 6 per cent higher in the first three months of the year. Hardly cause for celebration, you might...