Technology stocks added to the decline, after Apple's surprise earnings disappointment. Apple's fiscal fourth-quarter earnings and revenue fell short of expectations. Sales of iPhones also disappointed. APPL down 5.6% to $398.62.
In economic news, consumer prices rose in September, while inflation - excluding energy and food costs, rose by only 0.1%. Separately, U.S. home building jumped in September, as apartment and condominium construction surged. But building permits, a gauge of future construction, fell from a month earlier.