October Market Recap: Intel Falls 43.5% as S&P 500 Stocks Diverge
Intel was the S&P 500’s worst-performing stock in October, down 43.5%; Alphabet fell 18.5%. Most S&P 500 stocks gained for the month, despite losses in many Big Tech shares.
By Philip van DoornMany Big Tech stocks were hit hard but the S&P 500 showed strength under the surface, with a majority of stocks showing gains for the monthIntel was the worst-performing stock in the S&P 500 during October with a 43.5% decline, while Alphabet was down 18.5%.October has seen a lot…