European shares firmly in the red as stimulus hopes fail to hold

(Reuters) - European shares marked their worst close in nearly seven years on Wednesday as recent stimulus measures failed to placate investors seeking to exit equities in the face of the coronavirus pandemic. The pan-European STOXX 600 index closed down 3.9%, negating all of Tuesday's gains when a bumper stimulus plan from the Spanish government had spurred some buying in regional equities.The STOXX 600 has lost a quarter of its value in March, and is set for its worst month ever after the..