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Intel profits miss raise market jitters despite beat
Investors worried about Intel ahead of earnings sent major averages down in volatile trading. The Dow dropped to near 10,000 before closing at 10,089.71, while the Nasdaq fell to 3,213.96 and the S&P 500 slid to 1,349.97. Traders shifted losses from high tech to the broader market after Intel signaled weaker third quarter profits.
MENTIONED IN THIS ARTICLE
RON Campbell Investment Planning
Raymond James Financial Services
SIPC
Abbott Labs
Allegheny Electric
AFLAC
SBC Communications
At&t Corp
AM. Water Works
Anheuser-Busch
Apple Computer
IND. Tech
Arch Coal
Ashland Oil Inc
Bank OF America
Verizon
Bellsouth Corp
Cabot Oil & Gas
Carolina Power
Chevron Corp
Columbia Energy
HCA Healthcare
Corning
Daimlerchrysler AG
DTE Energy
Dominion Res
DOW Chemical
Dupont
Eastern Ent
Eastman Kodak
Emerson Electric
Ethyl Corp
Flowers Industries
FMC Corp
Delhaize America
Ford Motor CO
GEN. Electric CO
GEN. Motors Corp
Georgia Pacific
Gillette
GLAXO
IBM Corp
Ingersoll-Rand
Intel Corporation
Lucent Tech
McDonald's Corp
Merck & CO. Inc
Microsoft Corp
UPS
Pharmacia Corp
Mylan Labs
Nash Finch CO
Navistar Int'l
Nike, Inc
Norfolk Southern
Occidental
Bb&t Financial
J.C. Penney CO
Pennzoil CO
Pepsico Inc
PECO
Philip Morris Cos
Phillips Petroleum
Pittston Brinks
Potomac Elec
PWR
Praxair, Inc
Reebok Int'l
REX Stores Corp
Rite Aid Corp
RJ Reynolds
Rockwell Int'l
Sara Lee Corp
Sears Roebuck
Sherwin Williams
Shoney's
Southern CO
Tenneco Inc
Texaco Inc
TRI Continental
Union Carbide
Union Pacific
Unisys Corp
Universal Corp
Usair Group
USX Marathon Oil
USX
U.S. Steel
Wal-Mart
Walt, Disney CO
Wendy's Int'l
Westvaco Corp
Williams Companies
Valley Natural Gas
XEROX
DOW Jones Industrial
New York
Intel
Standard and Poor