Markets tumble over data breaches

Despite the unveiling of two new iPhones, the markets closed sharply lower with the Dow tumbling 97 points to 17,013 as payment system data breaches weighed on investors. Nasdaq dropped 40 points to 4,552.

On the upside

Pulse Electronics (NYSE: PULS) had no comment on today's 50% surge in its stock price.

iPass (Nasdaq: IPAS) retained the services of Blackstone Advisory Partners and Cooley to explore strategic options to increase shareholder value.

Citigroup lifted its price target on Mobileye (NYSE: MBLY) from $48 to $62.

On the downside

Wedbush analyst Michael Pachter slashed its price target on RadioShack (NYSE: RSH) from $1 to $0.

Apple (Nasdaq: AAPL) iPhone 6 and iPhone 6 Plus will feature ion strengthened displays rather than sapphire displays made by GT Advanced Technologies (Nasdaq: GTAT).

Leidos Holdings (NYSE: LDOS) fell to a greater than expected loss for the second quarter.

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 2 on the NYSE and by more than 3 to 1 on Nasdaq. The broader S&P 500 dropped 13 points to 1988. Bitcoin slipped $1 to $468.