Wall Street lower as IBM, United Tech results weigh

The Dow fell over 1 percent, with IBM and United Tech contributing around 126 points to the drop. Fellow Dow component United Technologies tumbled 7.6 percent to $102.06 and was the worst performer on the Dow after the company cut its full-year profit outlook. "For the first time in a while, fundamentals seem to be driving the action today in an otherwise very quiet macro backdrop and probably will continue to do so for the next couple of weeks as we work through the heart of earnings seaso