Wall Street rebounds as tech, financials surge

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Wall Street rebounds as tech, financials surge
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U.S. stocks rose on Tuesday as gains in technology and financial sectors helped ...

- U.S. stocks rose on Tuesday as gains in technology and financial sectors helped major indexes recover from their worst selloff in about four months on worries over a coronavirus outbreak and its impact on the global economy.

Markets across the world stabilized as the head of the World Health Organization said he was confident in China’s ability to contain the virus outbreak, which has killed 106 people in the country, prompted businesses to close operations and curbed travel. Investors will keep a close watch on Apple’s earnings amid concerns of a disruption in iPhone production as the coronavirus spreads across its major markets like China.

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