US stocks fell on Thursday afternoon, falling for the fifth day in a row. The S&P 500 closed below the 2,000 level for the first time in about a month.

At the same time large US banks reported disappointing corporate results, while the Swiss National Bank has decided to lift the limit exchange rate between the Swiss franc and euro.

The Dow Jones dropped 104 points or 0.60% at 17.323 points while the S&P 500 recorded losses of 0.91% at 1.993 points – Nasdaq noted a drop of 1.47% at 4.571 units.