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IEO - Halliburton +8% after idling fracking gear cutting costs
iShares U.S. Oil & Gas Exploration & Production ETF
Halliburton (HAL+8.1%), the worst performer in the S&P 500 over the past year, is today's biggest gainer in the index after beating Q2 earnings expectations and saying it idled unused fracking equipment and cut 8% of its North American workforce, rising more than 8% for its biggest intraday gain since November 2016.
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