Wall Street declines hard on weak corporate earnings

FXstreet.com (San Francisco) - The US stocks market has closed lower on Wednesday as investors were disappointed by weaker-than-expected corporate earnings. techs and banks sectors pressured to the downside, specially Apple which share collapsed 6%.

The Dow Jones declined 138.19 points or 0.94% to 14,618.59. The S&P 500 eased 22.56 points or 1.43% to 1,552.01. And the Nasdaq Composite collapsed 59.96 points or 1.84% to end the day at 3,204.67.