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Intel (INTC) Stock Drops 5% As Rising Bond Yields Hit Chip Sector Tuesday

By Trader Edge at 2026-10-02 13:03

Sentiment: Unknown

TLDR Intel stock fell nearly 5% in Tuesday’s premarket, driven by broader market selling rather than any Intel-specific news. The PHLX Semiconductor Index entered a new bull market after rising 21% from its July 29 low, exiting bear market territory in just 21 days. Rising bond yields and oil prices triggered the Tuesday pullback, with [...] The post Intel (INTC) Stock Drops 5% As Rising Bond Yields Hit Chip Sector Tuesday appeared first on CoinCentral. Continue reading...

Categories: Stocks

Tags: #Stocks

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