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Why ExxonMobil Stock Jumped Nearly 2% Today

Why ExxonMobil Stock Jumped Nearly 2% Today

Shares of energy giant ExxonMobil (NYSE: XOM) were up 1.9% today as of 2:55 p.m. ET. Oil and energy stocks in general were beating the market thanks to a nearly 2% jump in oil prices on the day. Typically sleepy ExxonMobil has turned into a hot stock in the last year as energy prices surge due to a reopening global economy.