Shares of energy companies ticked up after strong earnings from Halliburton.
Shares of the Houston oil-services giant rose after strong demand for oil-drilling equipment worldwide offset a blow from the devaluation of the Argentinian peso. Chief Executive Jeff Miller said the outlook for oilfield activity looked strong.
Oil futures slipped to $74.37 a barrel, but remained within 1.2% of its January high.
BP shares rose after reports that the British oil major would name Kate Thomson as chief financial officer.
U.S. natural gas prices staged a late recovery and rise for the first time in six sessions as weather forecasts continue to show warmer temperatures through early February.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-23-24 1732ET
