Intel leads big retreat in world markets
Quick ReadIntel leads big retreat in world markets after reported broker downgrade
LONDON (AP) — World stocks slid Thursday after analysts at Bank of America Merrill Lynch reportedly downgraded their recommendations on a series of U.S. technology stocks, including Intel Corp. That feeded mounting concerns that current valuations are not justified by the pace of the global economic recovery.
In Europe, the FTSE 100 index of leading British shares closed down 74.43 points,...
