From Nasdaq: 2025-02-27 16:34:00

Stocks seesawed in February’s second-to-last session, with the Dow dropping over 193 points and the Nasdaq tumbling 530 points. Trade concerns and mixed economic data fueled uncertainty, leading to steep monthly losses for all three major indexes. Nvidia’s strong earnings report couldn’t save the tech sector from profit-taking.

Oil prices rebounded as Trump revoked a license allowing Chevron to produce oil in Venezuela, with WTI crude rising 2.5% to $70.35 per barrel. In contrast, gold prices hit a two-week low due to a stronger U.S. dollar, trading down 1.4% at $2,890.70 an ounce as investors awaited key inflation data.



Read more at Nasdaq: Wall Street Struggles as Trade, Economic Uncertainty Linger