Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Intel Corporation (INTC), Microsoft Corporation (MSFT): Weak Employment Data Sinks Stock Markets

In a rare move, every Dow Jones Industrial Average stock is losing value today, and the index itself has lost 1.4% of its value near the end of the trading session. The broader S&P 500 is off 1.36% today as investors weigh the Federal Reserve’s next move and weakening economic data.

ADP released its private-sector employment survey results, which showed a 135,000 increase in the number of jobs in May. That fell below forecasts of 170,000 , casting a shadow on the Department of Labor’s results due out on Friday. It was also worrisome that a reading of hourly compensation fell 3.8%, putting even more pressure on U.S. workers.

The Fed didn’t help matters by saying the U.S. economy is growing at a “modest to moderate” pace. Investors are left to guess what the Fed’s next move is, and with unemployment weak, inflation low, and manufacturing slowing, I’d bet that stimulus is the answer.

Intel Corporation (NASDAQ:INTC)

After being one of the best performers on the Dow over the past few days, Intel Corporation (NASDAQ:INTC) is one of the biggest losers today, falling 2.4%. Analysts at JPMorgan Chase & Co. (NYSE:JPM) warned that lower PC sales could hurt results in the second quarter, causing the company to miss expectations.

That could well be true, but long-term investors should be focusing on the company’s Galaxy Tab 3 win and the upcoming Broadwell chip as great signs for the company. Intel Corporation (NASDAQ:INTC) is finally gaining traction in the mobile market, and that should help the company grow over the next few years.

When it comes to dominating markets, it doesn’t get much better than Intel’s position in the PC microprocessor arena. However, that market is maturing, and Intel Corporation (NASDAQ:INTC) must find new avenues for growth. In this premium research report on Intel, a Motley Fool analyst runs through all of the key topics investors should understand about the chip giant. Click here now to learn more.

Intel Corporation (NASDAQ:INTC)’s usual partner, Microsoft Corporation (NASDAQ:MSFT), is down 0.9% today after unveiling an update to its main operating system. The update, dubbed Windows 8.1, incorporates user feedback, including the return of the “Start” Button. The update won’t be available until later this year, and I wouldn’t expect it to goose sales for the software giant. What will be more important is gaining share in mobile, where Microsoft Corporation (NASDAQ:MSFT) is starting to gain some traction, though it still plays a distant third fiddle to Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOG).

The article Weak Employment Data Sinks Stock Markets originally appeared on

Fool contributor Travis Hoium manages an account that owns shares of Apple, Microsoft, and Intel. The Motley Fool recommends Apple, Google, and Intel. The Motley Fool owns shares of Apple, Google, Intel, JPMorgan Chase, and Microsoft.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!