Dow Tumbles Over 700 Points; Dominion Energy Posts Upbeat Earnings

benzinga_article
2026.02.23 18:36
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U.S. stocks fell sharply, with the Dow Jones dropping over 700 points, down 1.46% to 48,901.83. Dominion Energy reported strong Q4 earnings, exceeding estimates with operating earnings of 68 cents per share and total revenue of $4.093 billion. In equities, Tian Ruixiang Holdings surged 103% amid strategic discussions, while Gossamer Bio plummeted 84% after disappointing study results. Commodities saw oil down 0.3% and gold up 2.9%. European shares mostly declined, while Asian markets closed higher. Economic indicators showed improvement in the Chicago Fed National Activity Index and Dallas Fed manufacturing index.