US stocks end sharply lower

US stocks fell sharply on Wednesday despite the bounce in oil prices, weighed by declines in retail shares.

The Dow Jones Industrial Average lost 217 points, or 1.21%, to end at 17,711, weighed by a selloff in Walt Disney Company following disappointing earnings results. The S&P 500 fell 20 points, or 0.96%, to 2,064, The Nasdaq Composite dropped 49 points, or 1.02%, to 4,760.

All three main indexes retraced most of the previous day’s steep gains.