Thu, 19 Apr 2012 08:24:13 GMT
US markets down on disappointing earnings
US stock indices traded lower on Wednesday as Intel and IBM reported weaker than expected earnings. S&P 500 shed 0.41% or 5.64 points to 1,385.14 while Dow Jones Industrial Average index declined 0.63% or 82.79 points to 13,032.75. Nasdaq Composite fell 0.37% or 11.37 points and closed at 3,031.45.