The three major U.S. stock indices all closed lower, with Goldman Sachs down more than 7%, Nvidia down over 4%, and the Chinese concept stock index down 1.81%.

NightAirdropper · 2026-02-28T09:49:01+00:00

The three major U.S. stock indices all declined, with the Dow down 1.05% and the Nasdaq down 0.92%. Large tech stocks generally fell, with Nvidia and Apple dropping more than 3%. Netflix surged over 13%, and Dell Technologies rose 22%. The Nasdaq Golden Dragon China Index fell 1.81%, and among Chinese concept stocks, NIO and Alibaba also declined.

NightAirdropper

2026-02-28 09:49:01

Abstract generation in progress

The three major U.S. stock indices all closed lower, with the Dow down 1.05%, the Nasdaq down 0.92%, and the S&P 500 down 0.43%. The KBW Bank Index fell nearly 5%, marking the largest single-day decline since April 2022. Most large tech stocks declined, with Nvidia down over 4%, Apple down more than 3%, Microsoft down over 2%, Tesla and Meta down over 1%; Netflix surged over 13%, its best daily performance since October 2023; Google rose over 1%, and Amazon saw a slight increase. Goldman Sachs dropped over 7%, Morgan Stanley fell more than 6%, Wells Fargo and Citigroup declined over 5%, and Bank of America dropped over 4%. Dell Technologies rose about 22%, its largest single-day gain since March 2024. Block increased nearly 17%, its biggest daily rise since 2022.

The Nasdaq Golden Dragon China Index closed down 1.81%, at 7,277.39 points. Among popular Chinese concept stocks, NIO fell 4%, Alibaba dropped 2.6%, and New Oriental, Li Auto, JD.com, WeRide, Pinduoduo, XPeng, and Xiaomi all declined over 1%. Grand Energy gained 0.6%, and Kingsoft Cloud rose 7%.

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