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Intel’s Weak Earnings Put Futures on Ice After a Choppy Week

U.S. stock futures lost momentum Friday morning as Wall Street tried to steady itself after several days of sharp swings. Dow futures slipped, while S&P 500 and Nasdaq futures hovered slightly lower, signaling a cautious start to the trading day. The hesitation came largely from Intel’s disappointing earnings report. The chipmaker’s results and weaker outlook weighed heavily on tech sentiment, sending its shares sharply lower in pre‑market trading. Investors had hoped for stronger numbers given the industry’s AI‑driven momentum, but Intel’s update suggested ongoing challenges in key segments like data‑center chips. The broader market has been wrestling with volatility all week, driven by shifting economic expectations and uneven corporate results. With the S&P 500 on track for another weekly decline, traders appear reluctant to make big moves until they see clearer signs of stability.
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U.S. Shares Mixed: Dow Jones Edges Up 0.12%

 

U.S. equities experienced a mixed session at the close of trading on Monday. While gains in the Basic Materials, Telecoms, and Oil & Gas sectors propelled some shares higher, losses in the Consumer Services, Industrials, and Technology sectors led to declines in others.

Key Highlights:

Dow Jones Industrial Average: A Modest Rise

  • The Dow Jones Industrial Average managed a modest gain of 0.12%.
  • Notable performers on the Dow included:
    • UnitedHealth Group Incorporated (NYSE: UNH), which rose by 2.69%.
    • Intel Corporation (NASDAQ: INTC), adding 1.95%.
    • Nike Inc (NYSE: NKE), up by 1.93%.

Sector Movement:

  • Gainers:
    • Moderna Inc (NASDAQ: MRNA) surged by 8.69%.
    • Paramount Global Class B (NASDAQ: PARA) saw a 6.31% increase.
    • Albemarle Corp (NYSE: ALB) gained 5.43%.
  • Losers:
    • EQT Corporation (NYSE: EQT) declined by 7.78%.
    • Meta Platforms Inc (NASDAQ: META) fell by 4.42%.
    • Advanced Micro Devices Inc (NASDAQ: AMD) dropped 4.34%.

NASDAQ Composite: A Slight Decline

  • The NASDAQ Composite index experienced a decline of 0.41%.

Commodities and Currency:

  • Gold Futures for April delivery rose slightly by 0.13%.
  • Crude oil for delivery in April increased by 0.13%.
  • The EUR/USD exchange rate remained unchanged.
  • The US Dollar Index Futures showed a slight uptick.

In summary, the U.S. stock market exhibited mixed sentiments, with the Dow Jones inching upward while the NASDAQ Composite faced a slight decline. Investors continue to monitor sector-specific movements and global economic indicators.


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