While all three major US stock indices are on track for modest weekly losses, the S&P 500 and the Nasdaq are poised to close lower on the month. Nvidia's fourth-quarter results, posted after Wednesday's closing bell, were better than analysts expected, and the chipmaker provided above-market estimates. "The S&P itself is being dragged down by Nvidia and the Magnificent 7, and the Nasdaq is really getting hammered." On the Nasdaq, 2,439 stocks rose and 2,237 fell as advancing issues outnumbered decliners by a 1.09-to-1 ratio. The S&P 500 posted 37 new 52-week highs and one new low while the Nasdaq Composite recorded 88 new highs and 88 new lows.

Source: The Star February 27, 2026 01:19 UTC