Global stocks edge lower on economic toll from coronavirus; oil rallies
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NEW YORK (Reuters) - Global stock markets sank on Friday following more signs that the COVID-19 pandemic would take a massive toll on economic growth, while oil prices continued to rally on hopes of a cut to global supply.Investors sought out safe havens in the U.S. dollar and government bonds, pushing U.S. Treasury yields near their lowest in three weeks.U.S. payrolls fell by the largest amount since March 2009, ending a record 113 straight months of job growth. Morgan Stanley said the U.S...