Dow Jones News: Intel Faces AMD Laptop Threat; Microsoft 365 Coming April 21
The Dow Jones Industrial Average (DJINDICES: ^DJI) was volatile on Tuesday, opening lower, then rallying, then falling back into negative territory. At 1:20 p.m. EDT, the Dow was down about 0.95%.
This volatility comes as the novel coronavirus pandemic spreads rapidly throughout the United States. There are now over 175,000 confirmed U.S. cases, according to Johns Hopkins University, and more than 3,400 confirmed deaths.
Shares of Intel (NASDAQ: INTC) and Microsoft (NASDAQ: MSFT) were both down a bit on Tuesday, although the weak market may have been mostly to blame. Intel is facing almost unprecedented competition in the laptop market from its main rival, and Microsoft announced plans for a broader subscription bundle aimed at consumers.
Source Fool.com
