7 Stocks you need to know for Wednesday

Overbought conditions finally brought out sellers in droves as both the Dow industrials and the S&P 500 lost more than 4%.

The Dow pulled back by 381.99. The Nasdaq Composite fell 66.83. And the S&P 500 closed lower by 42.73.

Here are 7 Stocks You Need to Know for Wednesday.

Applied Materials (AMAT | Quote | Chart | News | PowerRating) reported earnings after the bell on Tuesday. The 10 cent EPS loss was in line with lowered expectations for the firm.

Dean Foods (DF | Quote | Chart | News | PowerRating) is expected to announced quarterly earnings of 39 cents on Wednesday before the market opens.

Analysts are expecting Ingersoll-Rand (IR | Quote | Chart | News | PowerRating) to announce EPS of 28 cents in its earnings report Wednesday morning.

19 cents is what analysts are expecting to hear from Coca-Cola Enterprises (CCE | Quote | Chart | News | PowerRating) when the company reports quarterly earnings Wednesday before the bell.

General Motors (GM | Quote | Chart | News | PowerRating) announced that it was eliminating 10,000 salaried jobs around the world and reducing pay in order to remain eligible for continued public assistance.

Reporting earnings Wednesday after the market closes, Activision Blizzard (ATVI | Quote | Chart | News | PowerRating) is expected to announce earnings per share of 29 cents.

Also reporting earnings after the bell on Wednesday is Chipotle Mexican Grill (CMG | Quote | Chart | News | PowerRating), which is expected to announce EPS of 0.49.