New Delhi, Jan. 23 -- US stock market indices edged lower on Friday, as Intel Corp slumped on a weak outlook and lingering geopolitical concerns weighed.

At 09:48 a.m. ET, the Dow Jones Industrial Average fell 320.71 points, or 0.65%, to 49,063.30, the S&P 500 lost 14.68 points, or 0.21%, to 6,898.78 and the Nasdaq Composite lost 36.50 points, or 0.16%, to 23,399.52.

At 09:30 a.m. ET, the Dow Jones Industrial Average fell 133.13 points, or 0.32%, to 49,226.80, the S&P 500 fell 3.62 points, or 0.03%, to 6,911.27 and the Nasdaq Composite rose 1.30 points, or 0.01%, to 23,438.32.

In the bond market, the yield on the 10-year Treasury fell to 4.25% from 4.26% late on Thursday.

Intel shares slumped 15% after the chipmaker reported a loss an...