After closing reported great importance are Apple, Yahoo and Microsoft, which all fell after the trade.
The Dow Jones Industrial Average closed 1.0 percent lower to the level of 17,920. S & amp; P 500 fell 0.4 percent to 2,119 and the technology-heavy Nasdaq Composite fell 0.2 percent to 5,208.
The turnover amounted to 710 million shares on the New York Stock Exchange and 1.7 billion on the Nasdaq.
– There are a couple of pretty big names that has delivered weak reports which contributes to a negative sentiment. Many people look forward to Apple’s report, to pull us out of this, says Michael Anotnelli, stock trader and president at Robert W. Baird & amp; Co., told Bloomberg News before Tuesday’s stock market closing.
United Technologies fell 7 percent after the technology conglomerate in its quarterly report lowered full-year forecast for the 2015th
IBM’s stock was floated 6 percent lower after IT company’s sales fell for the thirteenth consecutive quarter.
Verizon fell 2.5 percent. The telephone company key capex forecast was maintained but the revenue forecast for the year adjusted downward.
Apple’s report also failed to please investors, despite the fact that both sales and earnings were slightly better than market expectations. However, it was Apple does not sell as many iPhones as consensus had predicted. The stock fell nearly 7 percent after the trade.
Yahoo recorded 1.9 percent down in efterhandlen after a result which did not meet market expectations.
Microsoft backed also by trade, down 3.6 percent. The company reported admittedly a profit that beat estimates but also its interim largest net loss ever, weighed down by a 7.5 billion dollar writedown after the acquisition of Nokia’s handset unit is not able to save Microsoft’s mobile business.
The interest rate on a ten-year US Treasury bond was 3 percent lower at 2.34 percent.
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