Intel, transports sap Wall Street’s strength

Wall StreetWall Street

Wall Street cooled off on Thursday as disappointing quarterly reports from tech stalwart Intel and from transportation companies stalled momentum in a US corporate earnings season that has been better than feared.

The Dow Jones industrial average fell 77.8 points, or 0.42 percent, to 18,517.23, the S&P 500 lost 7.85 points, or 0.36 percent, to 2,165.17 and the Nasdaq Composite dropped 16.03 points, or 0.31 percent, to 5,073.90.
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