(Bloomberg) -- A fresh wave of selling swept through global equity markets as an escalation in the Middle East collided with mounting anxiety over technology stocks, rattling investors and derailing a rebound toward record highs.

Drops follow sharp sell-off of US tech stock last week while oil prices jump after Iran and Israel exchange strikes

(Bloomberg) -- A rotation that has seen investors bail from richly priced technology names in favor of more economically sensitive industries resumed, dragging down the S&P 500…