(Reuters) - NEW YORK, July 11 - U.S. stocks rose on
Wednesday, helped by gains in energy shares as oil prices
traded near $73 a barrel and financial shares rebounded a day
after falling on worries about the subprime mortgage industry.
Shares of Exxon Mobil Corp. , up 0.4 percent at
$86.82, also benefited from Lehman Brothers' increase in the
stock's price target. U.S. crude oil futures slipped but
were still trading at $72.90 a barrel. On Tuesday Brent crude
hit an 11-month high of $76.63 in London.
Read more at Reuters.com Bonds News
Wednesday, helped by gains in energy shares as oil prices
traded near $73 a barrel and financial shares rebounded a day
after falling on worries about the subprime mortgage industry.
Shares of Exxon Mobil Corp. , up 0.4 percent at
$86.82, also benefited from Lehman Brothers' increase in the
stock's price target. U.S. crude oil futures slipped but
were still trading at $72.90 a barrel. On Tuesday Brent crude
hit an 11-month high of $76.63 in London.
Read more at Reuters.com Bonds News
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