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How the Market Viewed Halliburton Last Week

Alex Chamberlin
How the Market Viewed Halliburton Last Week

Halliburton’s (HAL) stock price fell 3.1% in the week ended June 15. Since June 8, the Energy Select Sector SPDR ETF (XLE) has decreased 3.6%. XLE represents the broader energy industry. The VanEck Vectors Oil Services ETF (OIH) saw -4.7% one-week returns. OIH tracks an index of 25 oilfield equipment and services companies. So, Halliburton outperformed XLE and OIH last week. Since June 8, the SPDR S&P 500 ETF (SPY) has outperformed Halliburton. SPY produced -0.4% returns during this period. Halliburton accounts for 0.17% of SPY. ...