US market falls end winning streak
|London | Wall Street | Asia|
(Close): US markets closed lower on Wednesday, ending a positive streak for the major indexes after recent volatility.
Meanwhile the S&P 500 ended a four-day winning streak with a loss of 14 points, sending it 0.7% lower to 1,927.
That made it the biggest faller on the Dow Jones index.
The company expects to make between $8.10 and $8.30 per share, from its previous guidance of between $7.90 and $8.10 per share.
Shares in Yahoo rose 4.5% after the technology giant reported third-quarter profits of $6.8bn (£4.2bn), buoyed by earnings from the firm's stake in Alibaba.
Yahoo was required to sell part of its stake ahead of the Chinese firm's stock market flotation, netting it $6.3bn.