US stocks open lower as Intel weighs

Jan 23 (Reuters) – U.S. stocks opened mostly lower on Friday, putting the main indexes on track for a second consecutive weekly drop, as Intel tumbled on a downbeat outlook and lingering geopolitical concerns kept risk appetite in check.

At 09:30 a.m. ET, the Dow Jones Industrial Average fell 133.13 points, or 0.32%, to 49,226.80, the S&P 500 fell 3.62 points, or 0.03%, to 6,911.27 and the Nasdaq Composite rose 1.30 points, or 0.01%, to 23,438.32.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Krishna Chandra Eluri)

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