Why Halliburton's Stock Rallied 10% in June

Why Halliburton's Stock Rallied 10% in June

Shares of Halliburton (NYSE: HAL) rebounded 10.5% in June, according to data provided by S&P Global Market Intelligence. The main catalyst driving up the oil field services stock was a move by OPEC. Fueling shares was news that OPEC would hold back more supplies through the end of July by extending its historic market support agreement.