TSX, Wall Street rebound amid hopes of fiscal stimulus by U.S., other governments

Global News Morning Market and Business Report – March 10, 2020

Outside the United States, major world economies took steps to cushion the effects of the fast spreading COVID-19. Financials jumped 6.0 per cent after suffering their worst day in more than a decade as U.S. Treasury yields rebounded from record lows.United Parcel Service Inc gained 6.5 per cent as Stifel upgraded its shares to “buy,” while Amazon.com Inc rose 5.1 per cent on Cowen & Co’s price target increase.

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