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24.01.2020 19:35:00

Dow Jones News: Intel Soars on Solid Earnings; Apple Up After Price-Target Bumps

Friday was a volatile day for the Dow Jones Industrial Average (DJINDICES: ^DJI). Up early in the morning, the Dow was down 0.32% by noon EST. The outbreak of a virus in China could be weighing on the index as the disease spreads.Charting its own path on Friday was Intel (NASDAQ: INTC), which rose sharply after handily beating analyst expectations with its fourth-quarter report. Apple (NASDAQ: AAPL) was also up after two analysts boosted their price targets.Intel has managed to fend off rival Advanced Micro Devices, at least for now. Despite AMD launching competitive products across the desktop, laptop, and server chip markets, pressuring Intel on price, the chip giant was still able to impress investors with its fourth-quarter report.Continue reading
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