Stocks sink, erasing a day-earlier rally

Consumer goods companies and utilities fell the most Tuesday. Kraft Heinz dropped 4 percent and Consolidated Edison fell 2 percent.

The losses were broad. Nine of the 10 sectors of the Standard and Poor's 500 index fell. Energy stocks rose along with the price of crude oil.

LendingClub plunged another 9 percent after the Department of Justice opened an investigation into the company, which forced out its founder last week.

The Dow Jones industrial average lost 180 points, or 1 percent, to 17,529. The Standard & Poor's 500 index gave up 19 points, or 0.9 percent, to 2,047. The Nasdaq composite index pulled back 59 points, or 1.3 percent, to 4,715.