A.M. Update

S&P futures are down -0.35% on pronounced disappointment from Intel (INTC -9.65%) earnings, along with disappointing guidance from KLA Corp. (KLAC -5%) that has reined in some of the enthusiasm for semis and other tech stocks. Hasbro’s (HAS -5.15%) earnings report, meanwhile, has offered another indication that the economy is in a weaker state after…