Stocks Fall on Jobs Report, Intel Warning
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NEW YORK - Technology stocks led Wall Street lower Friday after an uninspiring employment report failed to mitigate investors' concerns over Intel Corp.'s profit outlook. The major indexes finished the week mixed...
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NEW YORK  -Stocks fell in choppy trade on Wednesday, as pessimism about the U.S. economy mounted after Intel Corp , the world's largest chip maker, posted earnings and a profit forecast that disappointed investors.
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Investor's Business Daily - Chip giant Intel  (NasdaqGS:INTC - News) fell short in the fourth quarter and issued a tepid outlook, heightening concerns about the sluggish economy's impact on tech demand.
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U.S. stock futures pointed to a lower   market open on Wednesday after Intel Corp. INTC.O said it   would cut 10,500 jobs, at the low end of expectations, though   news that Ford Motor Co. F.N named an outsider as its new   chief executive could lend support to share prices.
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Stocks fell on Tuesday as a sharp drop  in U.S. consumer confidence in August stirred fresh doubt about  the economy and analysts lowered revenue forecasts for  technology bellwether Intel Corp. INTC.O
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U.S. stocks were set for a lower start  on Friday after Intel Corp.'s INTC.O dismal mid-quarter  update, but a key employment report due before the opening bell  will set the market's tone, with investors looking for clues  into the health of the economy.
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U.S. technology shares tumbled on  Friday after Intel Corp. INTC.O, the world's No. 1 chip  maker, slashed its revenue forecast, but blue chips were only  moderately lower as drug and industrial stocks gained.
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Stock index futures fell on Wednesday, suggesting stocks may add to Tuesday's deep losses, after Intel Corp's  quarterly results and outlook were below Wall Street targets, heightening fears of recession.
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Shares of Intel Corp. fell in after-hours trading after the world's largest chip maker announced sweeping job cuts that some investors believed were not severe enough.
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U.S. stocks fell on Thursday as investors locked in profits ahead of jobs data on Friday that could show further weakening in the economy and hurt corporate earnings.
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U.S. stocks opened lower on Wednesday   as revised data on labor costs renewed inflation concerns and   as Intel Corp. INTC.O said it would cut fewer jobs than some   investors expected.
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U.S. stocks declined on Tuesday, weighed down by losses in the technology sector after microchip maker National Semiconductor Corp.  cut its quarterly revenue forecast.
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TORONTO (CP) - Stocks were lower Friday afternoon as markets sorted through an August US jobs report that narrowly missed modest expectations and were dismayed at a revenue warning from tech bellwether Intel.
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NEW YORK  -The S&P 500 and the Nasdaq fell in choppy trade on Wednesday, as pessimism about the U.S. economy mounted after Intel Corp , the world's largest chip maker, posted earnings and a profit forecast that disappointed investors.
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U.S. stocks fell on Thursday, led by a  decline in the technology sector following a batch of sales  warnings from chip makers and a jump in oil prices to nearly  $43 a barrel.
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Stocks fell on Friday after liquidity trouble at a UK mortgage lender put financial stocks back in the hot seat, while downgrades of Intel Corp  and American Express Co  weighed down blue chips.
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Stocks fell in early trading after the governmentâs employment report showed weaker-than-expected job growth and a rise in the unemployment rate.