Indexes 'Trending' Down With IntelIndexes 'Trending' Down With Intel

Intel's warning that it expects lower third-quarter results than it had expected helped push stock indexes down Friday despite positive news on jobs.

The chipmaker reported Thursday that it expects its revenue for the ongoing quarter to be between $8.3 billion and $8.6 billion, down from the previous estimate of $8.6 billion to $9.2 billion.

Worldwide demand for its processors are "trending below previous expectations," according to Intel. It also was seeing lower-than-expected growth for its flash-memory products, used in communication devices such as cell phones.

There was better news from the Labor Department, which estimated that August nonfarm payrolls rose, as expected, by 144,000. The unemployment rate fell by a tenth of a percentage point, to 5.4%, the lowest level since October 2001.

The Dow ended at 10,260.2, down 30.08 points, or 0.3%. The Nasdaq ended at 1,844.48, down 28.95 points, or 1.6%. The S&P 500 ended at 1,113.63, down 4.68 points, or 0.4%. Our information 100 index ended at 279.9, down 5.53 points, or 2%, and down 1.2% for the week.

See the full listing of all the companies in the information 100 and the top 5 percentage winners and losers for the last closing here.