US shares fall on Federal Reserve statement on rates
|London | Wall Street | Asia|
(Close): US stocks ended lower, after the Federal Reserve indicated it will likely keep rates low for a considerable time but warned of developments internationally.
The tech-focused Nasdaq lost 43.50 points to end at 4,637.99.
Record iPhones sales helped to push up profits to $18bn - Apple sold 74.5 million iPhones in the three months to 27 December.
Boeing shares rose 5.4% after commercial jet demand boosted its fourth quarter profits. Net profit rose to $1.47bn, up from $1.23bn a year earlier.
Meanwhile, Chinese online giant Alibaba's stock fell 4.36% after regulators accused it of allowing sales of fake goods and hurting consumers.
Alibaba said that the regulator was biased and accused it of misconduct.