Nasdaq leads stock slide, Intel down 10%

  • Nasdaq leads stock slide, Intel down 10%

    U.S. stocks slipped in early trading as the tech-heavy Nasdaq Composite paced the selling led by Intel which posted a sharp decline in revenue as PC sales slump. Other chipmakers fell in sympathy including Nvidia and AMD. Still, stocks are on pace to wrap a winning week. In commodities, oil neared $82 per barrel.

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