Intel stock steadies near $36 ahead of Fed minutes as year-end trading looms
Intel shares closed at $36.20, up 0.1%, with U.S. markets shut ahead of Monday’s session. Investors await Tuesday’s Federal Reserve minutes after the central bank cut rates to 3.50%-3.75% in 2025. A Reuters poll showed South Korea’s December exports, led by semiconductors, are projected to rise 9% year-over-year. Intel traded between $35.87 and $36.46 in the last session on 28.8 million shares.