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The Dow Jones industrial average plunged 1,175 points, or 4.6 percent, erasing its gains for the year.
Stocks fell sharply as investors worried that the latest turmoil in Washington could hinder President Donald Trump's pro-business agenda.
Dow Jones industrials closed at a record high for the 12th consecutive time.
Twitter is struggling to convert its headline omnipresence into cash and its profit expectations going forward is sending investors scattering.
Stocks closed solidly higher on Wall Street following even bigger gains in Europe as global markets stabilize following a two-day rout triggered by Britain's vote to leave the European Union.
US stocks surged to their biggest gain in two months on Tuesday after the Chinese government moved to stimulate the world's second-largest economy.
The U.S. market is quiet for a third day in a row but mostly higher following a raft of generally positive economic reports. Investors are...
Stocks soared on the last trading day of January, led by big gains in technology companies after Microsoft turned in a strong quarter.
U.S. stocks recovered much of an early plunge, but the price of oil suffered its worst one-day drop since September.