A defensive mentality is setting in the U.S. stock market after a new warning from Intel and a surprisingly strong jobs report have raised the risk that neither growth nor interest rates will move in the market's favor. "The market is developing a split personality. New money is flowing into old economy stocks and not technology stocks," said Tom Schrader, head of listed stock trading at Legg Mason. Friday the Dow industrials fell 2.49%, to 10,644.62, and the Nasdaq plunged 5.35%, to 2,052.78.