Indexes have fallen 20% from its January peak entering bear-market territory during midday trading.
The S&P fell 3.1% to 3,778.09, the Dow decreased 2.3% to 30,667.63 and Nasdaq was down 4.0% to 10,886.90.
Crude oil was up 1.1% at $121.99 a barrel.
Gold decreased 2.4% to $1,832 an ounce.
The yield on a 10-year Treasury bond rose 5.48% to 3.329%.
Irvine-based Alteryx Inc. (NYSE: AYX) dropped 8.0% to $46.90 with a $3.2 billion market cap. Volume was half the daily average for the data analytics software company. Shares are down 37% since Alteryx’s 52-week high of $74.60 in April.
BJ’s Restaurants Inc. (Nasdaq: BJRI) in Huntington Beach was off 7.8% to $22.83 with a market cap of $534 million. Shares of the restaurant chain are down 52% for the year, according to Simply Wall St considering BJ’s reports of minimal earnings.