U.S. stocks close: Dow Jones on a monthly chart has risen for 10 consecutive months, and the US KBW Bank Index experiences its largest single-day decline since April last year.

K-LinePoet · 2026-04-03T06:16:57+00:00

The three major U.S. stock indices all closed lower on February 28. The Dow Jones Industrial Average fell 1.05%, the Nasdaq dropped 0.92%, and the S&P 500 declined 0.43%. The KBW Bank Index dropped nearly 5%, and large-cap tech stocks generally declined. Netflix surged over 13%, Dell Technologies rose about 22%, showing strong performance.

K-LinePoet

2026-04-03 06:16:57

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Everyday Business News AI Express, on February 28, the three major U.S. stock indexes all closed lower: the Dow fell 1.05%. For the week, it is down 1.31%; for February, it is up 0.17%, with a 10-month line of gains. The Nasdaq fell 0.92%. For the week, it is down 0.95%; for February, it is down 3.38%. The S&P 500 index fell 0.43%. For the week, it is down 0.44%; for February, it is down 0.87%. The U.S. KBW bank index fell nearly 5%, marking the largest single-day drop since April last year. Most large-cap tech stocks fell: Nvidia fell more than 4%, Apple fell more than 3%, Microsoft fell more than 2%, and Tesla and Meta fell more than 1%. Netflix rose more than 13%, posting its best single-day performance since October 2023. Google rose more than 1%, and Amazon rose slightly. Goldman Sachs fell more than 7%, Morgan Stanley fell more than 6%, and Wells Fargo and Citigroup fell more than 5%, while Bank of America fell more than 4%. Dell Technologies rose about 22%, its largest single-day gain since March 2024. Block rose nearly 17%, its largest single-day gain since 2022.

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