The Dow leads as stocks head for another sell-off after wholesale price pressures heat up.
US stocks sank on Friday after a measure of wholesale inflation came in hotter than expected, and Block’s (XYZ) surprise shakeup turned the spotlight on AI disruption risks.
The Dow Jones Industrial Average (^DJI) led the way down with a loss of 1.4%, or more than 600 points. Meanwhile, the Nasdaq Composite (^IXIC) fell 1.3%, while the S&P 500 (^GSPC) dropped 0.8%, respectively, on the heels of sharp closing losses for the tech-heavy indexes.
The downbeat end to the week put the major indexes on track to post monthly losses in February, with the Dow poised to snap its eight-month win streak. Worries that AI will wreak havoc on a swathe of service industries have already hit stocks in sectors like software, wealth management, and real estate.
Daily Market Coverage Feb. 27, 2026 3PM-5PM (ET) | Yahoo Finance
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