Intel CEO resigns.
The US stock market is opening mixed with the Nasdaq higher. The S&P near unchanged and the Dow down.
Intel is a stock in the news as their CEO Brian Krzanich resigned following reports of a consensual relationship with a direct report (against company policy). Intel is higher as they also announced that the 2nd quarter is expected to show record earnings.
As I type, the indices are moving off highs.
- S&P is down -3 points
- Nasdaq is up 6.4 points
- Dow is down -87
PS Intel is also now lower on the day.
