2% Rebound for US Stocks, Euro Concerns Reduced (XOM, GOOG)

US markets made major strides forward on Wednesday, notching 2% gains across the board thanks to the outcome of an important European Central Bank meeting. The ECB put pressure on the government and it's political leaders to step in and change the economy, raising hopes there will be a stimulus in the near future for the continent. The EU appears willing to help Spain even further, promising to get a little creative, which temporary eased the struggling countries rates. In corporate news, Exxon Mobil (XOM) expanded it's oil operations into an Australian project, and Google (GOOG) unveiled a few new map features in an indirect taunt towards Apple (AAPL).

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Published on Jun 6, 2012
By InvestorGuide Staff

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