Stocks closed lower Wednesday as markets grappled with geopolitical uncertainty. The industrials and materials sectors led stocks lower by over 1%. BlackBerry (BBRY) popped nearly 16% after the company announced it was awarded more than $814 million of royalty payments in an arbitration against Qualcomm (QCOM) . Qualcomm shares fell. Tractor Supply (TSCO) shares dropped after the company announced disappointing first-quarter results after the bell on Tuesday, saying it expected same-store sales to fall 2.2% and to miss profit expectations by as much as 8 cents. Finally, United Airlines (UAL) shares continue to decline as the company deals with the fallout from the video of a passenger being violently dragged off a United plane for not voluntarily giving up his seat.
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