The leading oil-services stock -- Halliburton Company (NYSE:HAL) -- took a dive at the start of Wednesday's trading. By mid day, HAL was lower by $1.45 at $68.35 a share.
Isolated
It should be noted that today's decline in Halliburton's stock is isolated to just the stock itself and not the entire oil-services sector. Most other oil-services stocks such as Baker Hughes Incorporated (NYSE:BHI), Transocean Ltd (NYSE:RIG) and Schlumberger NV (NYSE:SLB) were trading up. Day traders should note that Halliburton's stock will have intra-day support around the $67.74 level.