The Dow Jones Jones Industrial Average dropped 878.82 points, or 1.9%, to close at 45,479.60.

The S&P 500 slid 182.60 points, or 2.7%, to finish at 6,552.51.

The Nasdaq Composite tumbled 820.20 points, or 3.6%, to finish at 22,204.43.

The S&P 500’s information-technology sector posted a big loss of 4%, dragging down the U.S. equities benchmark. The S&P 500 index saw its largest drop since April 10, when U.S. stocks were struggling in the wake of President Trump’s announcement of “liberation Day” tariffs, according to Dow Jones Market Data.