Energy shares also fell along with the price of oil.
The Dow Jones industrial average <.DJI> dropped 226.12 points, or 2.03 percent, to 10,925.71. The Standard & Poor's 500 Index <.SPX> lost 25.98 points, or 2.16 percent, to 1,176.28. The Nasdaq Composite Index <.IXIC> shed 70.31 points, or 2.81 percent, to 2,428.43.
(Reporting by Leah Schnurr.)