Stocks rebound, ExxonMobil lifts share buyback

  • Stocks rebound, ExxonMobil lifts share buyback

    U.S. stocks rose, ending a five day losing streak, as investors dipped in and bought material and energy names including ExxonMobil which lifted its share buyback program by as much as $50 billion. In commodities, oil rose to the $74 per barrel level as China eased more COVID restrictions.

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