Stocks fell hard as doubts about a recent Europe accord and a lowered outlook by Intel spurred a broad-based sell-off after two weeks of gains. Tech stocks closed mostly in the red led by declines in Intel, which sank 4% after the co. cut projected revenue for the fourth quarter, saying supply shortages for hard drives had computer makers cutting back on orders for other parts. Intel’s warning comes on the heels of a revenue warning last week by Texas Instruments. Implied volatility inched higher on light trading volumes.NEAREST RESISTANCE LEVELS: 57.8, 58.3, 59.0
NEAREST SUPPORT LEVELS: 55.8, 53.0, 50.0
