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Wall Street opens lower on Intel outlook


    NEW YORK (Reuters) - Stocks fell at the open on Wednesday as Intel joined the ranks of tech companies to cut their outlooks in a sign of how tepid economic conditions worldwide are hurting corporate profits.

    The Dow Jones industrial average fell 41.70 points, or 0.33 percent, to 12,763.84. The S&P 500 Index dropped 4.05 points, or 0.30 percent, to 1,359.62. The Nasdaq Composite lost 4.71 points, or 0.16 percent, to 2,905.33.

    (Reporting by Ryan Vlastelica, editing by Dave Zimmerman)