Wall Street today: US stocks decline, Nasdaq down 1.46% after lacklustre Tesla & Alphabet results

US stocks declined on Wednesday, led by the tech-heavy Nasdaq after lackluster quarterly results from Tesla and Alphabet.

At the opening bell, the Dow Jones Industrial Average fell 147.46 points, or 0.37%, to 40,210.63. The S&P 500 was lower by 49.90 points, or 0.90%, at 5,505.84, while the Nasdaq Composite dropped 263.44 points, or 1.46%, to 17,733.91.