US Stock Market Today: Dow Falls 615 Points, S&P 500 & Nasdaq Slide Deep Into the Red as Nvidia Drops; Gold, Silver Steady as Bitcoin Retreats Near $67K

On February 27, 2026, the US stock market saw sharp declines, with the Dow falling 615 points as concerns over inflation and AI job security mount, while Bitcoin retreats near $67K.

The US stock market experienced a tumultuous day on Friday, February 27, 2026, with significant declines across major indices. The Dow Jones Industrial Average plummeted by 615.77 points , reflecting the concerns of investors grappling with inflationary pressures, job security linked to AI advancements, and geopolitical tensions. As this happens, the crypto market today is feeling the impact, with Bitcoin retreating near the $67,000 mark. What Happened to the Dow Jones Today? The Dow closed at 48,883.43 , marking a 1.24% drop. This sharp decline, the most significant in recent weeks, was exacerbated by disappointing inflation data, which dashed hopes for early interest rate cuts by the Federal Reserve. Major financial players like American Express and Goldman Sachs faced substantial losses, contributing to the index's downward trajectory. How Did Other Indices Perform? The Nasdaq Composite dropped by 210.61 points , or 0.92% , ultimately settling at 22,667.77 . Tech stocks were particularly hard hit, with Nvidia continuing its post-earnings slump. Meanwhile, the S&P 500 fell by 45.08 points to 6,863.78 , reflecting widespread selling pressure across sectors, especially technology and finance. What Sparked the Sell-Off in the Stock Market? A key driver of this sell-off was the release of January's Producer Price Index (PPI), which showed a headline increase of 0.5% , much higher than the anticipated 0.3% . Core PPI fared even worse, growing by 0.8% against a predicted 0.3% . This pricing data raised alarms about persistent inflation, putting pressure on markets already on edge. Stephen Kolano, chief investment officer at Integrated Partners, highlighted that the “ inflation isn’t solved yet ,” creating a dilemma for the Federal Reserve regarding interest rate policy. Are AI Job Losses Adding to Market Anxiety? Yes, the tech sector is feeling the strain from AI disruptions as numerous layoffs loom. Block Inc., under the direction of Jack Dorsey, announced a workforce