US stock indices lose ground after weak earnings results

Most US stock indices lost ground on Wednesday as investors assess latest corporate earnings results.

Alphabet reported weak cloud computing earnings in its quarterly results, triggering concerns about a slowdown in the company’s AI plans. 

Earlier data showed the US private sector added 183 thousand jobs in January, beating estimates of 150 thousand. 

On trading, Dow Jones fell 0.1% today as of 15:47 GMT, or 23 points to 44,552 points, while S&P 500 shed 0.2%, or 14 points to 6024 points, as NASDAQ gave up 0.5%, or 107 points to 19546 points.