SLB Ltd. Stock Slips 3.1%, Underperforms Peers
Dow Jones2026/09/29 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of SLB Ltd. shed 3.1% to $49.87 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.2% to 7,670.84 and Dow Jones Industrial Average falling 0.3% to 51,349.92.
This was the stock's second consecutive day of losses.
SLB Ltd. closed 17.5% short of its 52-week high of $60.46, which the company reached on August 31st.
The stock underperformed when compared to some of its peers, as Baker Hughes Co. fell 2.1% to $55.92, Halliburton Co. fell 2.7% to $31.54, and NOV Inc. fell 2.67% to $18.98.
Trading volume totaled 26.6 million, compared to the 50-day average of 12.8 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 29, 2026 16:35 ET (20:35 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Schneider Electric expands its software portfolio again! Plans to spend over $20 billion to acquire US engineering software developer PTC (PTC.US)
According to a person familiar with the matter, Schneider Electric is close to reaching a deal to acquire U.S. engineering software developer PTC for more than 20 billions USD.
WTI drops to near $89.00 as OPEC+ holds November targets
BUZZ - TSMC shares rise 3% after Elon Musk confirms negotiations on the TeraFab project
October 5th – Elon Musk confirmed discussions with TSMC (2330.TW), prompting a 3% increase in the company’s share price. The Taiwan Stock Exchange Weighted Index (.TWII) rose by 2.4%. Tesla (TELA.O) and SpaceX (SPCX.O) CEO Musk stated on Saturday via X platform that TSMC and his chip manufacturing project, Terafab, have discussed potential collaboration. In response to a post on X featuring a screenshot of an article titled “TSMC is exploring plans to cooperate with Elon Musk’s TeraFab,” Musk replied on Saturday: "It is only at the discussion stage for now, but something could result." TSMC’s share price has increased by 66% so far this year. (For the convenience of non-English speakers, Reuters automatically translates its reports into several other languages. As automated translations may contain errors or lack needed context, Reuters does not guarantee the accuracy of the automated translated texts. They are provided merely for the convenience of readers. Reuters bears no responsibility for any damage or losses resulting from the use of the automated translation function.)
10-Yr Benchmark Govt Yields - Germany vs Other Nations
Current Spread in Yield Basis Points Germany 3.475 % Australia 5.347 % 187.2 Belgium 4.339 % 86.4 Canada 3.944 % 46.9 Denmark 3.268 % -20.7 France 4.866 % 139.1 Italy 4.604 % 113.0 Japan 3.089 % -38.6 Netherlands 3.577 % 10.2 Spain 4.087 % 61.2 Sweden 3.146 % -32.9 U.K. 5.369 % 189.4 U.S. 5.256 % 178.1 Source: Tullett Prebon via FactSet (END) Dow Jones Newswires October 04, 2026 22:10 ET (02:10 GMT)
Crypto prices
More
