Mideast, Tech Worries Sink Stocks

World powers referred Iran to the U.N., while Israel faced a two-front military confrontation. Dell, H-P, and Apple fell on earnings concerns

An uncertain geopolitical climate joined Wall Street's uncertainty about earnings season to send stocks sharply lower Wednesday. Tech shares resumed their recent underperformance after a late rebound Tuesday that likely reflected short-covering, says Standard & Poor's Equity Research.

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