Oil prices will help the DJIA and Halliburton Co. (NYSE: HAL) today

The Dow Jones Industrial stays green. Halliburton Co. (NYSE: HAL) may climb higher

In brief: The Dow Jones Industrial Average continues to be in the green zone because of rising oil prices and positive news.

The Dow Jones Industrial Average catches a bullish trend. Oil prices have helped Halliburton Co. (NYSE: HAL) as well. At the same time, investors believe in the positive trend early next week.

Stock market opening: U.S. oil companies have started today’s trading in the green with confidence. ExxonMobil (+0,15%), Chevron (+0,3%) and ConocoPhillips (+0,1%), as well as oil service Schlumberger Ltd. (0.3%) and Halliburton Co. (0.6%). This item contributes to the trend growth of prices for “black gold”. Meanwhile, quotes mining companies – aluminum giant Alcoa and copper mining Freeport McMoRan Copper & Gold show downward momentum (-1,1% and -0,6% respectively). Newmont Mining shares cheaper (-0.12%).

Anrey Torbinski
2010-08-13 18:21, Commodities.

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