Wall Street fall as earnings disappoint

Investors were also awaiting the results of a two-day Federal Reserve meeting that ends on Wednesday for clues on when the central bank will hike interest rates. Apple hit a record high before falling as much as 1.7 percent to $130.33 despite beating Wall Street's revenue and profit forecasts. Up to Monday's close, Apple's stock had risen about 62 percent in the past 12 months. The company also reported better-than-expected quarterly sales and earnings.