Mei Ri Jing Ji Xin Wen·2026-02-23 22:59Market Overview - The three major U.S. stock indices closed lower on February 23, with the Dow Jones Industrial Average down by 821.91 points, closing at 48,804.06, a decline of 1.66% [1] - The S&P 500 index fell by 71.76 points, closing at 6,837.75, a decrease of 1.04% [1] - The Nasdaq Composite Index dropped by 258.8 points, ending at 22,627.27, a decline of 1.13% [1] Technology Sector - Major tech stocks mostly declined, with Microsoft and Netflix down over 3%, Tesla, Amazon, and Meta down more than 2%, and Google and Intel down over 1% [2] - Apple and Nvidia saw slight increases [2] - IBM experienced a significant drop of over 13%, marking its largest decline since 2000, influenced by Anthropic's Claude announcing support for COBOL-related capabilities [2] Healthcare Sector - Novo Nordisk's stock fell over 16% after its product CagriSema showed inferior results compared to Eli Lilly's Zepbound in clinical trials [4] - Arcellx, a cancer cell therapy company, surged over 77% following news that Gilead Sciences plans to acquire the company at $115 per share [4] Chinese Stocks - The Nasdaq Golden Dragon China Index declined by 0.95%, with TSMC down 0.13%, Alibaba down 1.08%, and JD down 0.66% [6] - Pinduoduo rose by 0.78%, NIO increased by 4.34%, while Futu Holdings fell by 5.55% and Yamafin Sports dropped by 3.50% [6] Commodity Market - The FTSE A50 futures index fell by 0.21%, closing at 14,866 points [7] - International oil prices decreased, with WTI crude oil futures down by $0.19, closing at $66.29 per barrel, a drop of 0.29% [7] - COMEX gold futures rose by $167.00, a 3.29% increase, closing at $5,247.90 per ounce [7] - COMEX silver futures increased by $5.66, a 6.87% rise, closing at $88.00 per ounce [7] - Spot gold rose by $123.41, a 2.42% increase, closing at $5,227.75 per ounce [7] - Spot silver increased by $3.55, a 4.19% rise, closing at $88.20 per ounce [7] Economic Indicators - The U.S. January CPI rose by 2.4% year-over-year, below market expectations of 2.5%, and down from 2.7% in December [7] - Core CPI increased by 2.5% year-over-year, with a month-over-month rise of 0.3%, both in line with expectations [7] - The Federal Reserve's January meeting minutes revealed significant internal divisions among committee members regarding inflation risks [7] Trade Policy - Following a Supreme Court ruling that deemed the Trump administration's large-scale tariff policy illegal, Trump announced a new 10% import tariff on global goods for 150 days [8] - The tariff rate was later increased to 15% [8] - Huachuang Securities noted that while short-term U.S. tariff rates may slightly decrease, the overall tariff landscape is unlikely to change significantly [8]