Stocks ended mixed on Tuesday on low trading volume as investors remained on the sidelines awaiting Intel's scheduled after-hours earnings conference call.
Technology stocks were down for the day. Our InformationWeek 100 fell 2.99 points, or 1.01%, to close at 293.13. The Nasdaq also ended lower, falling 5.26, or 0.3%, to 1,931.66.
The Dow industrials rose 9.37, or 0.1%, to 10,247.59, while the S&P 500 also rose slightly, gaining 0.79, or 0.1%, to 1,115.14. The Nasdaq 100 tracking stock slipped 0.003 cents, or 0.01%, to close at $35.597 on lower-than-average volume of nearly 75 million shares.
After the bell, Intel reported that its second-quarter earnings jumped 96% on stronger-than-expected demand for the flash memory chips used in cellular phones. For the three months ended June 26, Intel earned $1.8 billion, or 27 cents per share, compared with $896 million, or 14 cents per share, in the same period last year. Sales increased 18% to $8.05 billion.
See the full listing of all the companies in the InformationWeek 100 and the top 5 percentage winners and losers for the last closing at informationweek.com/stocks.