The Dow Jones Industrials plummeted 181.1 points at 33,975.59.
The S&P 500 fell 42.13 points, or 1%, to 4,121.87.
The NASDAQ Composite skidded 185.8 points, or 1.5%, to 11,927.99.
Chipotle slid more than 4% after missing expectations on the top and bottom lines in its latest results. Meanwhile, CVS improved 2% and Uber gained more than 6%, following earnings that came in above Wall Street estimates. Google parent Alphabet tumbled nearly 8% amid concerns of rising competition in the artificial intelligence space.
Investors are looking to post-bell earnings from companies including Walt Disney and Mattel to gauge if there are any signs of slowing consumer spending or a weakening in the economy.
Prices for the 10-year Treasury were higher, lowering yields to 3.67% from Tuesday’s 3.69%. Treasury prices and yields move in opposite directions.
Oil prices advanced 59 cents to $77.73 U.S. a barrel.
Gold prices were higher $3.10 to $1,887.90 U.S. an ounce.