US STOCKS-Wall Street closes higher on Amazon boost, despite economic worries

Wall Street stocks rebounded on Tuesday, led by a jump in Amazon.com, even as a likely delay in new fiscal stimulus by Congress and an increase in the number of coronavirus cases dampened hopes of a faster economic recovery. Amazon.com Inc jumped after Bernstein upgraded the stock to “outperform,” saying the company will continue to receive a boost from premium subscribers and third-party merchants even once the pandemic is contained.


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HEDGE accordingly