Stock ETFs Lower as Traders Eye Intel, LinkedIn
May 19, 2011 at 11:24 AM EDT
Stock exchange traded funds such as the SPDR S&P 500 ETF (NYSEArca: SPY) were lower Thursday as an analyst downgrade of Intel (NasdaqGS: INTC) weighed. However, LinkedIn (NYSE: LNKD) shares nearly doubled in their first day of trading. Intel shares were off 2% Thursday following a downgrade to...