Stocks jump on virus slowdown hopes, but oil slips on oversupply
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SYDNEY (Reuters) - Stocks jumped on Monday as investors were encouraged by a slowdown in coronavirus-related deaths and new cases, while oil prices skidded after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive.Equity investors took solace as the death toll from the coronavirus slowed across major European nations including France and Italy.U.S. stock futures rose 4% in Asian hours, trading close to its upper limit after U.S. President Donald Trump..