US STOCKS-Wall St drifts lower as earnings, crude weigh

martes 27 de octubre de 2015 13:07 GYT

* Crude oil lower; Exxon, Chevron slip

* Apple, Twitter to report after the close

* Alibaba rises after strong results

* Rite Aid surges on report Walgreens in buyout talks

* Indexes down: Dow 0.21 pct, S&P 0.37 pct, Nasdaq 0.18 pct (Updates to early afternoon)

By Abhiram Nandakumar

Oct 27 (Reuters) - Wall Street was lower on Tuesday after mixed earnings reports from major U.S. companies, weaker-than-expected data and further declines in crude oil prices.

Investors are also watching the Federal Reserve, which began its two-day policy meeting. While expectations of a rate hike this week are slim, traders will parse the Fed's statement on Wednesday for clues on the timing of a liftoff.

Corporate results remain in sharp focus as investors assess the reports for measures companies are taking to grow revenue and protect profit margins.   Continuación...