Market Slump: Hot PPI Data and AI Job Fears Send Dow Plunging 777 Points
The U.S. stock market faced a bruising sell-off on Friday, February 27th, 2026, as a combination of hotter-than-expected inflation data, escalating geopolitical tensions in the Middle East, and fresh anxieties regarding artificial intelligence (AI) disruption hammered investor sentiment. The session concluded a turbulent month for Wall Street, with major indexes posting significant losses as the "higher-for-longer" interest rate narrative regained momentum.Major Market Indexes PerformanceThe Dow Jones Indus ...