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Why is the US stock market sinking deep in red today? Dow Jones, S&P 500, Nasdaq crash as hot inflation data and AI fears shake Wall Street
The Economic Times· 2026-02-27 15:00
US stock market crash today wiped out hundreds of points within minutes of opening bell. The Dow Jones Industrial Average plunged 777 points to 48,721.66, down 1.57%. The Nasdaq Composite fell 257.53 points to 22,620.85, while the S&P 500 slid 65.70 points to 6,843.16. This sharp selloff followed hotter-than-expected January wholesale inflation data and fresh AI disruption fears triggered by a major corporate shakeup. January’s Producer Price Index (PPI) rose 0.5% month over month, above the expected 0.3%. ...