| US stocks climb as oil rebounds; Precision Castparts jumps | |
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NEW YORK (AP) -- U.S. stocks are closing higher, led by a surge in energy companies as the price of oil rose. Chevron and Exxon Mobil had some of the biggest gains in the Dow Jones industrial average Monday. Precision Castparts soared 19 percent after Berkshire Hathaway said it would buy the maker of industrial components for $32 billion. The Dow gained 241 points, or 1.4 percent, to 17,615. The Standard & Poor's 500 climbed 26 points, or 1.3 percent, to 2,104. The Nasdaq increased 58 points, or 1.2 percent, to 5,101. The Dow is coming off its longest losing streak in four years. The gains were broad. Nine of the 10 industry sectors in the S&P 500 rose. Bond prices fell. The yield on the benchmark 10-year note climbed to 2.23 percent.
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Exxon Mobil is a and oil producing company based in United states of america. Exxon Mobil is listed in Germany, in United Kingdom and in United States of America. Its market capitalisation is US$ 499.8 billions as of today (€ 467.1 billions). Its stock quote reached its lowest recent point on March 14, 1997 at US$ 100.12, and its highest recent level on April 26, 2024 at US$ 117.96. Exxon Mobil has 4 237 270 016 shares outstanding. |