Wall St. falls after Wal-Mart's weak forecast; Netflix down after the bell

October 14, 2015 9:57 PM

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U.S. stocks fell on Wednesday as Wal-Mart Stores Inc (WMT.N) skidded after issuing a weak profit forecast and as JPMorgan Chase & Co (JPM.N) slipped on disappointing results.

The news added to worries about the outlook for U.S. earnings, with Standard & Poor's 500 profits forecast to have dropped more than 4 percent in the third quarter from a year ago, according to Thomson Reuters data.

Also read: Murdoch's Twenty-First Century Fox Bids $14 Billion For UK's Sky

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