The Dow Jones Industrial Average
Not surprisingly, the major news of the day -- Hurricane Isaac's approach on the Gulf Coast -- affected two of the Dow's biggest winners. Oil prices rose 0.6%, jumping when the storm reached Category 1 status in midday, in response to Gulf of Mexico producers' ceasing of production and the onshore threat as the hurricane makes landfall. At least 1 million barrels per day of refining capacity are expected to pause, though that's a relatively small dent in U.S. consumption of about 19 million barrels per day. Oil prices could continue to rise tomorrow, as forecasters expect the hurricane to come ashore in the early morning.
As a result, Chevron
Elsewhere, Intel
As the mobile revolution continues to relegate the PC to the dustbin of history, Intel stands at a crossroads. To keep up its success, it must find a way to dominate the smartphone and tablet market the way it has with computers. Our top tech analyst has just weighed in on the matter with a full-on in-depth analysis that covers the opportunities and risks facing the chipmaker, as well as all the other details investors need to know. Even better, this in-depth premium report comes with a full year's worth of updates so you'll know what to make of Intel's quarterly reports and any other important developments. You can access this brand-new report right now.