Intel Drags Dow Down in Early Market Session

“The entire competitive argument has been reduced to a comparison of process nodes and the burden is on Intel to change this storyline, which they have not to date,” said Curtis.

The S&P 500 edged higher as did the Nasdaq Composite–up .39% and 0.46%, respectively. The S&P was led by Jacobs Engineering Group–up 7.1% and the Nasdaq by T-Mobile–up 6.1%.

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