The three major U.S. stock indices all closed lower, Nvidia fell over 4%, and silver surged.

Data shows that on February 27th local time, all three major U.S. stock indices closed lower, with the Dow down 1.05%.

U.S. tech stocks and bank stocks declined across the board, with Goldman Sachs falling over 7%, Nvidia dropping more than 4%, and Apple down over 3%. Most Chinese concept stocks also fell, with Artis Solar and iQiyi among the biggest losers.

In the commodities market, international precious metal prices generally rose, with silver surging and international oil prices increasing.

All three major U.S. stock indices close lower

On February 27th local time, all three major U.S. stock indices closed lower. Data shows that by the close, the Dow fell 1.05% to 48,977.92 points, the S&P 500 dropped 0.43% to 6,878.88 points, and the Nasdaq declined 0.92% to 22,668.21 points.

Most large-cap tech stocks declined, with the U.S. Tech Seven Index down 1.72%. Individual stocks included Nvidia down 4.16%, Apple down 3.21%, Microsoft down 2.24%, Tesla and Meta down over 1%, Google Class C shares up over 1%, and Amazon up 1%.

Bank stocks showed weakness, with Goldman Sachs falling over 7%, and Morgan Stanley, Citigroup, Wells Fargo, and Bank of America also declining significantly.

Most Chinese concept stocks fell, with the Nasdaq China Golden Dragon Index down 1.81%. Notable decliners included Artis Solar, iQiyi, Century Internet, and NIO; while Kingsoft Cloud and Tuya Smart saw gains.

CITIC Securities believes that U.S. stock investors have been shifting towards cyclical sectors since the second half of 2025, with market sentiment gradually spreading from AI trading to other sectors, but a complete capital rotation has not yet occurred. Overall, the U.S. stock market remains in an expansion phase, with no significant bubble.

International precious metals prices generally rise

On February 27th, international precious metals prices mostly increased, with silver surging. By the close, COMEX gold futures rose 1.97% to $5,296.40 per ounce; London gold spot prices increased 1.88% to $5,278.33 per ounce. COMEX silver futures jumped 7.77% to $94.385 per ounce; London silver spot prices rose 6.21% to $93.76 per ounce.

Shenwan Hongyuan Futures stated that from a medium- to long-term perspective, de-dollarization and geopolitical risks will support gold to re-enter an upward trend; due to the resonance of industrial and financial attributes, silver is expected to continue its short-term oscillation with a slight upward bias.

According to Xinhua News Agency, international oil prices rose on the 27th. At the close, NYMEX light crude oil futures for April delivery increased $1.81 to $67.02 per barrel, up 2.78%; Brent crude oil futures for April delivery rose $1.73 to $72.48 per barrel, up 2.45%.

Warner Bros. and Paramount sign agreement

Agree to be acquired

According to CCTV News, on February 27th local time, Warner Bros. Discovery signed a $110 billion agreement with Paramount Global, agreeing to be acquired.

The deal includes approximately $29 billion in debt and is one of the largest Hollywood mergers in recent years. After the merger, Paramount will gain access to Warner Bros.’ extensive intellectual property, including the “Fantastic Beasts” and “The Matrix” series.

However, analysts believe that the merger is likely to face antitrust reviews from U.S. and overseas regulators.

Trump: Unsatisfied with Iran nuclear negotiations

No final decision on military action yet

According to Xinhua News Agency, U.S. President Trump stated on the 27th that he is “not satisfied” with the current progress of Iran nuclear negotiations but has not made a final decision on military action against Iran.

He told reporters as he left the White House that Iran is unwilling to give the U.S. “what it deserves” in negotiations, and he is “very dissatisfied.”

Trump said the U.S. has not yet made a final decision on whether to launch a military strike on Iran and will observe what happens after further negotiations.

He also said he does not want to use force, “but sometimes it has to be done.” He reiterated that Iran must not possess nuclear weapons.

The third round of indirect talks between the U.S. and Iran took place in Geneva, Switzerland, on the 26th. The talks did not reach an agreement, but all parties gave positive comments and announced plans to continue technical discussions in Vienna on March 2nd. On the same day, Trump reportedly received a military options report regarding Iran.