Shares of Exxon Mobil Corp. rose Wednesday, putting them on track for the longest win streak in 16 months, after J.P. Morgan analyst Phil Gresh turned bullish on the oil giant for the first time, citing an improved financial outlook and more reasonable valuation.
Treasury yields fell Wednesday after a successful debt auction highlighted strong demand for long-term government paper, after a January selloff pushed rates to more appetizing levels for bond buyers.
Donald Trump could become the first president in U.S. history to be impeached twice, as the House of Republicans prepares to approve a charge of inciting an insurrection following the riotous invasion of the Capitol last Wednesday.
The most effective stimulus for the economy would be a large and well-targeted public infrastructure spending program, not another $2,000 check that will be saved and not spent.