Yahoo Finance·2026-03-04 09:18Market Overview - Major U.S. stock benchmarks closed in the green, with the Nasdaq increasing by 1.29%, Russell 2000 by 1.06%, S&P 500 by 0.78%, and Dow Jones by 0.49% [2] - U.S. stocks showed positive momentum, with about two-thirds of issues advancing, marking a strong day for the markets [4] IPO Market Concerns - A new wave of big tech companies is expected to enter the market this year, seeking historic sums at unprecedented valuations, potentially creating a multi-trillion-dollar issue for American portfolios [3] Winners - Bitcoin rose by 7.08% over the last 24 hours, positively impacting several digital asset firms, including Coinbase (+15.9%), Galaxy Digital (+14.7%), and Hut 8 Corp (+13.77%) [5] - Other notable winners include AST SpaceMobile (+11.97%) and Nebius Group (+11.23%) [5] Losers - ImmunityBio's stock is declining despite a price target increase, following a business update and Q4 earnings report [6] - AXT Inc fell by 7.95% after recent spikes, although it has more than doubled in value over the month [6] - Brown-Forman's stock dropped by 7.34% after reporting declining sales since the pandemic [7] - Gitlab's stock decreased by 7.13% due to slower sales forecasts and rumors regarding competition from OpenAI [7]