US STOCKS-Wall Street gains on Amazon boost, despite worries over economy

Wall Street stocks rebounded on Tuesday, led by a jump in Amazon.com, even as a likely delay in the passage of new fiscal stimulus by Congress dampened hopes of a faster economic recovery from the coronavirus pandemic. Amazon.com Inc jumped 5.0% 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