S&P 500 little changed at the open as Intel soars
Opening changes in the main markets
The S&P 500 opened 1 point higher to add to yesterday’s 1 point gain. If it finishes flat, we’re looking at a triple-doji.
The big mover today is Intel, whose shares are up 12% after the resignation of CEO Bob Swan. That’s a slap in the face to your leadership. Of course, with 321,000 shares, he just made $2m on the move and could get another $17m due to options vesting at $61.
There isn’t much divergence at the open, the Dow is also flat and the Nasdaq up 0.2%.
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