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Middle East Conflict, High Oil Prices Result in Bad Day for Wall Street.
Byline: Steve Raabe
Oct. 13--A chain reaction of Middle East conflict and soaring oil prices sent investors scurrying for cover in the stock market's worst day since March.
The widely followed Dow Jones industrial average fell 379 points, its fifth-worst point drop in history, although the Dow's percentage loss of 3.64 percent was nowhere near its most catastrophic.
Turmoil was reflected in other market indices, which also fell sharply. The S&P 500 was down 2.55 percent and the Nasdaq Composite, representing technology stocks, declined 2.96 percent.
Denver brokers and investment managers said the slide was triggered by a combination of new violence in …
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