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To: long-gone who wrote (42803)	10/12/1999 5:33:00 PM
From: goldsnow	Respond to of 116764

Stocks could decline further tomorrow. Intel Corp. dropped 4 11/16 to 72 in electronic trading after the Nasdaq Stock Market closed. The No. 1 semiconductor maker reported profit that fell below analysts' forecasts. Intel is the third-most heavily weighted stock in the S&P 500. A report Thursday on U.S. retail sales and a report on producer prices Friday could indicate faster inflation, which may cause the Fed to raise rates at its meeting next month, analysts said. ``This is telling us that the future isn't as rosy as we thought it was,' Niedenberger said. ``Fears about inflation and a weaker dollar bring down the stock market.' 11/16 to 72 in electronic trading after the Nasdaq Stock Market closed. The No. 1 semiconductor maker reported profit that fell below analysts' forecasts. Intel is the third-most heavily weighted stock in the S&P 500. Higher interest rates usually cause stocks to drop because they lessen the amount investors are willing to pay for a share of a company's future earnings. A report Thursday on U.S. retail sales and a report on producer prices Friday could indicate faster inflation, which may cause the Fed to raise rates at its meeting next month, analysts said. ``This is telling us that the future isn't as rosy as we thought it was,' Niedenberger said. ``Fears about inflation and a weaker dollar bring down the stock market.' bloomberg.com