S&P, Nasdaq Snap 3 Session Slide

The S&P 500 and Nasdaq ended up slightly on Tuesday, breaking a three-day string of losses, while the Dow
finished lower for a fourth session as concerns lingered over the strength of the global economy. The Dow
Jones industrial average fell 5.88 points, or 0.04%, to 16,315.19. the S&P 500 gained 2.96 points, or 0.16%, to 1,877.70. The Nasdaq Composite added 13.52 points, or 0.32%, to 4,227.17.

Intel Corp gave a current-quarter revenue forecast above expectations as demand for personal computers
recovered. Intel posted third-quarter net income of $3.32 billion (2.09 billion pounds), or 66 cents a share, compared with $2.95 billion, or 58 cents a share, in the year-ago quarter as demand for personal computers stabilized.

Macy’s (M) plans to open the doors to its namesake stores at 6 p.m. on Thanksgiving, even though Black Friday — the traditional kickoff to the holiday season — won’t start for another six hours.

U.S. banking giant Citigroup said Tuesday it planned to exit the consumer banking business in 11 countries, including six nations in Latin America.

Brent crude slumped 4.4% to $85.02 per barrel, the lowest levei since 2010; the global benchmark is down 22% year-to-date. Meanwhile, West Texas Intermediate slumped 4.6.% to $81.79, the lowest level since 2012.