All Sections
Welcome guest, you have 3 views left.  Register| Sign In

Intel, GE send S&P, Nasdaq down; Dow gains

NEW YORK (Reuters) — The S&P 500 and Nasdaq declined Friday as results from Intel and General Electric were the latest to dampen the view on fourth-quarter earnings.

Volatility picked up late in the session, thanks in part to selling related to options expiration, analysts said. Bucking the trend, the Dow ended higher — helped by a rally in American Express Co and Visa. AmEx jumped 3.6 percent to $90.97 a day after reporting quarterly results.

Intel's stock slid 2.6 percent to $25.85 and was among the top weights on each of the three major U.S. stock indexes, a day after the chipmaker gave a lukewarm forecast for first-quarter revenue and posted fourth-quarter earnings that missed expectations by a penny

General Electric shares dropped 2.3 percent to $26.58 after the conglomerate reported disappointing 2013 profit margins.

Trace Adkins
Saturday, 8 p.m.

Ringling Bros. and Barnum Bailey presents Circus XTREME
Friday, 7 p.m.
Saturday, 11 a.m., 3 p.m. and 7 p.m.,
Sunday, 2 p.m. and 6 p.m.

Moniff: 5th Annual Monadnock Int'l Film Festival
Friday, 9:30 a.m.,
Saturday, 9:30 a.m.,
Sunday, 9 a.m.

Earth Day Celebration
Friday, 11 a.m. and 12:30 p.m.

Greater Dover Home Show
Saturday, 9 a.m. - 5 p.m.,
Sunday, 10 a.m. - 4 p.m.