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Fox (FOXA) shares picked up 3% as founder and long-time chair Rupert Murdoch said he was stepping down from the top post at both Fox and News Corp (NWSA), gi♉ving full control to his son, Lachlan Murdoch. News Corp shares rose more than 1%.

International Paper (IP) shares climbed 1% after Truist upgraded the stock and raised the stock price, citing a rebound in demand for container packaging.