Technology stocks were the biggest laggard throughout the session as Oracle (Nasdaq) fell 1.51, or 7.2%, to 19.43, after it reported revenue growth below Wall Street expectations.
Google (Nasdaq) slid 14.11, or 3.1%, to 444.08, on concerns it might fall short of Wall Street's first-quarter revenue targets.
A report from ComScore indicated the number of US Internet users clicking on Google's search ads in February fell 3% from the previous month.
"The next hurdle for investors is the pre announcements on earnings season. You heard from Oracle today and I don't know that's a prelude to what we're going to see," said Steven De anctis, head of US small- and mid-cap strategy for Merrill Lynch.
Offsetting some of the weakness for technology and financials, stocks got an initial bounce from early economic reports that aid fourth-quarter gross domestic product rose an unrevised 0. % annual rate, while the number of US workers filing new claims for unemployment insurance fell last week.