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INTC - Intel News Story

$62.93 1.2  2.0%

Last Trade - 29/05/20

Sector
Technology
Size
Large Cap
Market Cap £215.85bn
Enterprise Value £231.34bn
Revenue £61.35bn
Position in Universe 23rd / 6364

BUZZ-U.S. stocks weekly: Trade trumps earnings deluge

Fri 25th October, 2019 9:24pm
** S&P 500 .SPX on a 3-week run, flirts with record high. Index finishes up 1.2%. Markets rally Fri on U.S.-China trade progress urn:newsml:reuters.com:*:nW1N26M01I urn:newsml:reuters.com:*:nL2N27A0U9 ** This after, at first, a vise tightened around the Nasdaq Composite .IXIC urn:newsml:reuters.com:*:nL2N2760C1, and the Dow .DJI got its wings clipped urn:newsml:reuters.com:*:nL2N2770E2 ** Still, it is a tale of two triangles for the SPX urn:newsml:reuters.com:*:nL2N2780BK, while the Futures EScv1 also neared their record high urn:newsml:reuters.com:*:nL2N27A0DD ** And by week's end, the Dow Transports .DJT were trying to deliver a breakout urn:newsml:reuters.com:*:nL2N27810E, while FANG stocks .NYFANG are coming to a sharp point on the charts urn:newsml:reuters.com:*:nL2N2790FI ** Most sectors advance: energy and tech surge, while just real estate and consumer discretionary lag; value vaults to a 7-month high vs. growth urn:newsml:reuters.com:*:nL2N2760Z8 ** Energy .SPNY jumps 4.3%. Oil prices post strong gains from falling inventories, trade deal optimism urn:newsml:reuters.com:*:nL3N27A0Q7 Phillips 66 PSX.N hits over 1-yr high powered by Q3 beat urn:newsml:reuters.com:*:nL3N27A3P1. And when it comes to renewables vs. fossil fuel plays, someones's been cleaning up urn:newsml:reuters.com:*:nL2N277109 ** Tech .SPLRCT rises 2.5%. Microsoft MSFT.O lifts on upbeat cloud sales forecast urn:newsml:reuters.com:*:nL3N27948K Intel INTC.O gains 10% as data center rebound eases U.S.-China trade war worries urn:newsml:reuters.com:*:nL3N2794Y3. Philadelphia chip index .SOX rises >3% ** Materials .SPLRCM rally 1.3%. Gold miners suddenly show some shine urn:newsml:reuters.com:*:nL2N27916R. Philadelphia SE Gold/Silver index .XAU gains >3% ** Healthcare .SPXHC up 0.3%. Biogen BIIB.O best SPX stock, up 31%, on surprise revival to seek approval for Alzheimer's drug urn:newsml:reuters.com:*:nL3N277236 ** Communication Services .SPLRCL edges up 0.1%. Though Twitter TWTR.N slumps 22% as advertising problems, including product bugs dent demand urn:newsml:reuters.com:*:nL3N279395 ** Consumer Discretionary .SPLRCD down 0.8%. Amazon.com AMZN.O falls as sales forecast, slower AWS cloud growth disappoint urn:newsml:reuters.com:*:nL3N27A3SU Hasbro HAS.O worst sector performer, loses 21%, as toymaker battles tariff costs urn:newsml:reuters.com:*:nL3N27723P McDonald's MCD.N drops after first profit miss in 2 years urn:newsml:reuters.com:*:nL3N2772FD ** Meanwhile, Tesla TSLA.O accelerates 28% as surprise profit answers skeptics urn:newsml:reuters.com:*:nL3N2790AY ** SPX sector performance YTD through Thurs: <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SP 500 2019 YTD THRU OCT 24 https://tmsnrt.rs/2Jlyafh ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> ((lance.tupper.tr.com@reuters.net lance.tupper@tr.com 646-223-5017 terence.gabriel.tr.com@reuters.net terence.gabriel@tr.com 646-223-4122))
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