Nasdaq Tumbles Over 350 Points; US Initial Jobless Claims Increase - Antelope Enterprise Hldgs (NASDAQ:AEHL), Avalon Globocare (NASDAQ:ALBT)
Benzinga·2026-02-26 15:51

Market Overview - U.S. stocks traded mostly lower, with the Nasdaq Composite dropping over 350 points on Thursday [1] - The Dow decreased by 0.10% to 49,432.55, the NASDAQ fell by 1.57% to 22,788.62, and the S&P 500 dropped by 0.88% to 6,884.75 [1] Sector Performance - Financial shares gained by 1.2% on Thursday [1] - Information technology stocks fell by 2.2% [1] Employment Data - U.S. initial jobless claims rose by 4,000 to 212,000 during the third week of February, compared to market estimates of 215,000 [2][6] Commodity Prices - Oil traded up 0.5% to $65.76, while gold traded down 0.9% to $5,178.80 [3] - Silver fell by 4.6% to $86.765, and copper decreased by 0.6% to $6.0085 [3] European Market Performance - European shares were mixed, with the eurozone's STOXX 600 falling by 0.3% and Spain's IBEX 35 Index down by 0.1% [4] - London's FTSE 100 rose by 0.2%, Germany's DAX gained 0.2%, and France's CAC 40 increased by 0.6% [4] Asian Market Performance - Asian markets closed mixed, with Japan's Nikkei 225 gaining 0.29%, while Hong Kong's Hang Seng index dipped by 1.44% [5] - China's Shanghai Composite fell by 0.01%, and India's BSE Sensex slipped by 0.03% [5] Natural Gas Stocks - U.S. natural-gas stocks fell by 52 billion cubic feet in the week ended February 20, compared to market expectations of a 36 bcf draw [6]

Nasdaq Tumbles Over 350 Points; US Initial Jobless Claims Increase - Antelope Enterprise Hldgs (NASDAQ:AEHL), Avalon Globocare (NASDAQ:ALBT) - Reportify