The selloff came as more than $2.7 trillion worth of options expired, an event which typically spurs heightened volatility.

The Dow Jones Industrial Average fell 356.5 points, the S&P 500 fell 3.4 points, the Nasdaq Composite rose 44.3 points

A sharp slide for Walmart on Thursday helped pull Wall Street off of its record. The Standard & Poor's 500 slipped 0.4% for its first drop after setting all-time highs in each of the last two days. The Dow Jones industrial average lost 1%,