Bloomberg News

U.S. Stock-Index Futures Extend Losses After Intel Cuts Forecast

December 12, 2011

Dec. 12 (Bloomberg) -- U.S. stock-index futures extended losses after Intel Corp. cut its forecast for fourth-quarter revenue.

Futures on the Standard & Poor’s 500 Index slipped 1.2 percent to 1,237.9 at 9:02 a.m. in New York. Intel tumbled 4 percent in pre-market trading.

To contact the editor responsible for this story: Michael P. Regan at mregan12@bloomberg.net


We Almost Lost the Nasdaq
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus