Wall Street falls in tech-led sell-off, Alcoa up late
NEW YORK (Reuters) – U. S. stocks fell on Tuesday, led by losses in technology after brokerage downgrades of Intel and other major companies as worries increased about third-quarter U. S. earnings. Shares of Intel , the world’s largest semiconductor maker, lost 2. 7 percent to $21. 90 after negative reports by at least two brokerages. Robert W. Baird & Co cut its price target on the stock to $26 from $32, citing weak demand for notebooks. The news triggered selling of large-cap technology shares, including Oracle and Apple. Microsoft shares lost 1. 7 percent to $29. . . .
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