(Bloomberg) -- U.S. stock index futures dropped
after results from Intel Corp., the biggest chipmaker, and Yahoo!
Inc., owner of the most-visited U.S. Web site, spurred concern
that profit forecasts for technology companies are too high.
Intel slid $1.17, or 4.4 percent, to $25.16 as of 6:09 p.m.
in New York after its profit margin trailed forecasts. Yahoo lost
$1.08, or 3.9 percent, to $26.49 as earnings declined.
Read more at Bloomberg Stocks News
after results from Intel Corp., the biggest chipmaker, and Yahoo!
Inc., owner of the most-visited U.S. Web site, spurred concern
that profit forecasts for technology companies are too high.
Intel slid $1.17, or 4.4 percent, to $25.16 as of 6:09 p.m.
in New York after its profit margin trailed forecasts. Yahoo lost
$1.08, or 3.9 percent, to $26.49 as earnings declined.
Read more at Bloomberg Stocks News
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