Morgan Stanley downgraded its rating on shares of Halliburton Co. (HAL) Thursday morning to "Underweight" from "Equal weight."
Halliburton gapped open lower Thursday and has fallen further in the last 15 minutes. The stock is now down 1.38 at $42.19.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.