BUZZ-U.S. STOCKS ON THE MOVE-Intel, Halliburton, Abbott, Reynolds American
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Wall Street was higher on Wednesday morning, helped by a rise in energy and financial stocks, but a drop in Intel limited gains, especially on the Nasdaq.
The Dow Jones Industrial Average was up 0.29 percent at 18,215.29, the S&P 500 was up 0.20 percent at 2,143.83 and the Nasdaq Composite was up 0.04 percent at 5,245.683.
** INTEL CORP, $35.64, -5.59 pct
** MICRON TECHNOLOGY INC, $17.059, -2.02 pct
** ADVANCED MICRO DEVICES INC, $6.6189, -1.65 pct
** PHILADELPHIA SE SEMICONDUCTOR INDEX, -0.81 pct
Intel, the world's largest chipmaker, gave a current-quarter revenue forecast that disappointed Wall Street. The news weighed on other chipmakers.