U.S. Markets open in 8 hrs 19 mins

MARKETS: Intel CEO Brian Krzanich resigns over relationship scandal, chipmaker raises Q2 guidance

Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after Intel CEO Brian Krzanich resigns after an investigation determined he had an inappropriate, consensual affair with an employee. In other news, the company also raised guidance for the second quarter.

Here's the performance of the Dow Jones Industrial Average components as of 10:30 am ET:

VZ Verizon Communications 1.62%

PG Procter & Gamble Cc 0.90%

AAPL Apple Inc 0.36%

HD(HB) Home Depot Inc -0.04%

JNJ Johnson & Johnson -0.08%

V Visa Inc -0.07%

UNH UnitedHealth Grp Inc -0.19%

AXP American Express Co -0.19%

IBM Intl Business Machines Corp -0.27%

WMT Wal-Mart Stores -0.31%

KO Coca-Cola Co -0.29%

DIS Disney (Walt) Co -0.43%

XOM Exxon Mobil -0.42%

MSFT Microsoft Corp -0.44%

TRV The Travelers Companies Inc -0.47%

MRK Merck & Co -0.54%

JPM JPMorgan Chase & Co -0.56%

DWDP DowDuPont Inc -0.53%

PFE Pfizer Inc -0.81%

NKE Nike Inc Cl B -0.76%

MCD McDonald's Corp -0.76%

CSCO Cisco Systems -0.89%

GS Goldman Sachs Grp -1.06%

CVX Chevron Corporation -1.26%

UTX United Technologies -1.40%

BA Boeing Co -1.47%

INTC Intel Corp -1.42%

MMM 3M Co -1.59%

GE General Electric Co -1.67%

CAT Caterpillar Inc -2.22%