U.S. Stock Market today: Dow Jones, S&P 500, Nasdaq futures set for muted Wall Street opening. Here's what to expect on Thursday
The Economic Times·2026-02-26 12:18

Core Viewpoint - Nvidia reported better-than-expected quarterly results, but investor response was lukewarm, influenced by disappointing earnings from Salesforce, which forecasted lower revenue for fiscal 2027 [1][2]. Company Performance - Nvidia's stock increased by 0.6% in premarket trading after it posted strong results for the January quarter and projected current-quarter revenue above market estimates [1]. - Salesforce's shares fell by 3.1% following its forecast of fiscal 2027 revenue below expectations, indicating weak spending on enterprise business software [2]. - Trade Desk's stock dropped by 16.9% after it forecasted first-quarter revenue below estimates due to pressure from larger competitors [7]. - C3.ai's shares declined by 22.7% after it projected current-quarter sales below estimates and announced a 26% reduction in its global workforce [9]. Industry Trends - The S&P 500 software and services index has decreased nearly 21% this year, reflecting concerns over AI-related disruptions affecting the software sector [3]. - Other sectors, including financial brokerage, data analytics, legal services, real estate services, and trucking, have also experienced significant losses amid fears of AI disruption [3]. - February has been volatile for U.S. equities, with major indexes fluctuating between gains and losses as investor sentiment towards AI and technology stocks remains uncertain [5]. Market Overview - The S&P 500 and Nasdaq closed at two-week highs, driven by a rally in major technology stocks [6]. - Energy companies, including Exxon Mobil and Chevron, saw their shares decline by approximately 0.4% each, influenced by lower crude oil prices and ongoing U.S.-Iran negotiations [8][9].

Nvidia-U.S. Stock Market today: Dow Jones, S&P 500, Nasdaq futures set for muted Wall Street opening. Here's what to expect on Thursday - Reportify