Stocks Dip as Investors Await Powell Speech on Rates; Intel, Tesla Down on Losses and Weak Deliveries
- US stocks slipped as investors looked to Powell speech for rate cut clues
- Bostic sees first Fed rate cut happening in Q4
- Intel shares fell on larger-than-expected losses in foundry business
- JPMorgan slashes Tesla price target on weak deliveries
- Earthquake in Taiwan forced TSMC to halt some chipmaking