Traders at work at the New York Stock Exchange on February 25, 2026.
new york stock exchange
Stock futures fell Thursday night. S&P500 The stock closed lower, dragged down by Nvidia’s losses. Traders were also keeping an eye on inflation data to be released Friday morning.
futures tied to Dow Jones Industrial Average It fell by 268 points (0.5%). S&P500 futures While the decline was 0.4%, Nasdaq 100 futures It fell by 0.4%.
Prominent software stocks fell in after-hours trading. sales force fell more than 2%, microsoft The stock fell about 1%, weighing on Dow futures. cyber security company Z scaler Deferred revenue and billings in the fiscal second quarter were lower than expected, resulting in a nearly 10% decline. coreweave Shares fell 8% after disappointing guidance.
The weaker economy weighed on the broader market Thursday on earnings from major technology companies. of S&P500 Although there were many high-tech industries, it decreased by 0.5%. Nasdaq Composite It fell 1.2%. 30 shares Dow They finished the session with a difference of 17 points, or less than 0.1%.
NvidiaThe company’s 5.5% loss on the day came as a surprise to many investors, but they remain bullish on the company given its strong fourth-quarter results and upcoming product cycle. Market participants cited doubts surrounding Nvidia’s contract with OpenAI, weak sentiment surrounding artificial intelligence trade, and concerns about hyperscalers’ high AI capital expenditures as reasons for the stock price decline.
“Nvidia’s strong financial results suggested strong demand for AI capital investment, but the lackluster performance on Wall Street has kept the stock price low,” said Jose Torres, senior economist at Interactive Brokers. “There are concerns that much of the runway for modern technology has been covered, raising concerns about maturity and causing losses to all of the Magnificent Seven names.”
Thursday’s session saw investors flock to more buoyant areas of the market, with financials and industrials among the best-performing sectors of the session. President Donald Trump’s tariff policies and tensions over U.S.-Iran relations remain at the forefront of investors’ minds.
“Investors are putting the brakes on their positioning as the level of uncertainty increases,” said Sameer Samana, head of global equities and real assets at Wells Fargo Investment Institute. Samana remains confident that economic and corporate earnings growth will help the S&P 500 overcome its short-term problems and move higher from current levels.
Looking ahead, investors are looking forward to the release of January’s producer price index, a measure of wholesale inflation. A survey of economists conducted by Dow Jones forecasts that the composite index will reach 0.3%, and the core PPI, which excludes energy and food prices, is also expected to reach 0.3%.
Friday will be the last trading day in February. February was a tumultuous month, with tech stocks rattled to their core amid concerns about the disruption of AI. As a result, the Nasdaq Composite Index fell 2.5%, on track for its worst monthly performance since March of last year. The S&P 500 is on track to decline 0.4% in February, while the Dow is on pace to gain 1.2%.
— Jeff Cox contributed reporting.
