US EditionWall Street Drifts in Mixed Trading as Intel Tumbles
Intel's Q1 forecast missed expectations due to supply shortages, causing a 14.7% stock drop and pulling major U.S. indexes lower, analysts said.
- On Friday, Intel shares plunged 14.7% after its forecast for the first three months of this year fell short of Wall Street expectations, sending the U.S. stock market lower.
- Political volatility stemming from tariff talk unsettled global investors after President Donald Trump threatened 10% tariffs over Greenland disputes, though markets recovered when he called off the tariffs citing a 'framework of a future deal'.
- Chief Financial Officer David Zinsner said supply shortages affecting the industry should hit a bottom early this year before improving, while Intel reported better-than-expected 2025 results and CEO Lip-Bu Tan highlighted AI opportunities.
- The Dow fell sharply on Thursday, while the Nasdaq also eased as the Dow Jones Industrial Average dropped 252 points, or 0.5%, and the Nasdaq declined 0.1%, with Treasury bonds tumbling, the dollar sliding, and gold approaching $5,000 per ounce.
- Indexes abroad were mixed, led by Asia gains, with Japan's Nikkei 225 rising 0.3%, while earlier bond-market moves eased as the 10-year Treasury yield edged to 4.25% late Thursday.
39 Articles
39 Articles
Most Stocks Fall, Especially Intel's
The US stock market drifted through mixed trading Friday, as a zigzag week punctuated by loud threats and pullbacks finished with a quiet and tentative close. The Dow fell 285.30 points, or 0.6%, to 49,098.71, to end the week down 0.5%. The S&P 500 rose...
The flea manufacturer presented disappointing prospects for the beginning of 2026, interrupting net several months of increase in action. ...
The Sun (Lowell)
Wall Street drifts in mixed trading as Intel tumbles
By STAN CHOE, AP Business Writer NEW YORK (AP) — The U.S. stock market is drifting in mixed trading on Friday, as a zigzag week punctuated by loud threats and pullbacks heads toward a quieter close. Related Articles Americans split on using AI for personal finances Economic leaders at Davos say global growth is resilient despite disruption from Trump Under Armour looking into data breach affecting …
LancasterOnline
A sharp drop for Intel helps tug the US stock market lower
The U.S. stock market is drifting lower, as a zigzag week full of loud threats and pullbacks heads toward a quieter close. The S&P 500 slipped 0.2% Friday and is on track to finish a second straight week with a…
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