Stock market today: Dow, S&P 500, Nasdaq sink after hot PPI inflation print, indexes on track for monthly losses
Yahoo Finance·2026-02-26 23:52
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 nearly 700 points. Meanwhile, the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) dropped 0.9% and 0.6%, 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 month ...