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Europe’s STOXX 600 jumps 1% as banks lead market rebound, US election in focus


By Ankika Biswas and Pranav Kashyap

(Reuters) -Europe’s main stock index notched its biggest one-day gain in five weeks on Friday, as banks led an overall market rebound after recent declines, with investors assessing economic data, corporate earnings and the upcoming U.S. elections.

The pan-European STOXX 600 index closed 1.1% higher, after losing nearly 3% over the past three days, but still logged a weekly decline.

Moving on earnings momentum, the banking sector was the top weekly gainer, while food & beverages was the worst-hit this week.

For the day, financial services, banks and…



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