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Intel Leads Downturn

Stock indexes trended lower in early trading - the Dow off 25 to 8071 and the Nasdaq slumping 11 to 1722. Intel led the decline, dropping $5 to $86.80 after its $1.57 billion quarterly profit fell short of analysts' expectations.

Stock indexes trended lower in early trading - the Dow off 25 to 8071 and the Nasdaq slumping 11 to 1722. Intel led the decline, dropping $5 to $86.80 after its $1.57 billion quarterly profit fell short of analysts' expectations.