Exxon Mobil on the UPSWING While Moving the Dow
Exxon Mobil Corporation (NYSE:XOM): Oil prices are near the highest close in almost three weeks in New York due to speculation that the United States will increase measures to revive its economy, which could outweigh worries that the bailout plan for Europe might fail. The Federal Reserve starts a two-day meeting on Wednesday from which it might announce stimulus measures, according to Bloomberg.
Don’t Miss More Hot Stories by Wall St. Cheat Sheet: