--- title: "Overnight U.S. Stocks | The three major indices closed lower this week, NVIDIA continued to drop by 4.16%, and spot silver rose over 6.2%" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/277260343.md" description: "This week, the three major U.S. stock indices closed lower, with the Dow Jones Industrial Average falling 1.05% to 48,977.92 points, the S&P 500 index dropping 0.43% to 6,878.88 points, and the Nasdaq Composite Index decreasing 0.92% to 22,668.21 points. Nvidia continued to decline by 4.16%. The U.S. wholesale price index for January rose more than expected, putting pressure on hopes for easing inflation. In European stocks, the German DAX30 edged up 0.05%, while the French CAC40 fell 0.47%" datetime: "2026-02-27T23:34:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277260343.md) - [en](https://longbridge.com/en/news/277260343.md) - [zh-HK](https://longbridge.com/zh-HK/news/277260343.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/277260343.md) | [English](https://longbridge.com/en/news/277260343.md) # Overnight U.S. Stocks | The three major indices closed lower this week, NVIDIA continued to drop by 4.16%, and spot silver rose over 6.2% According to the Zhitong Finance APP, on Friday, the three major indices closed lower, with declines recorded for the week. The Dow Jones fell by 1.31%, the Nasdaq dropped by 0.95%, and the S&P 500 index decreased by 0.44%. The U.S. Bureau of Labor Statistics reported that the wholesale price index in January rose at a faster-than-expected pace, dampening hopes that inflation is easing. Excluding the volatile food and energy prices, the core Producer Price Index (PPI) rose by 0.8% month-on-month after seasonal adjustment, higher than the 0.6% increase in December and significantly exceeding the Dow Jones consensus forecast of a 0.3% increase. Friday marked the last trading day of February, with mixed performances among the three major indices this month. The Dow Jones slightly increased by 0.17%, marking its 10th consecutive month of gains. The Nasdaq fell by 3.38%, and the S&P 500 index decreased by 0.87%. **【U.S. Stocks】** At the close, the Dow Jones index fell by 521.28 points, a decline of 1.05%, closing at 48,977.92 points; the S&P 500 index dropped by 29.98 points, a decline of 0.43%, closing at 6,878.88 points; the Nasdaq Composite index decreased by 210.17 points, a decline of 0.92%, closing at 22,668.21 points. Nvidia (NVDA.US) continued its downward trend from yesterday, closing down 4.16%, CoreWeave (CRWV.US) closed down 18.51%, and Dell Technologies (DELL.US) closed up 21.93%. **【European Stocks】** The German DAX30 index rose by 12.44 points, an increase of 0.05%, closing at 25,290.14 points; the UK FTSE 100 index rose by 63.13 points, an increase of 0.58%, closing at 10,909.83 points; the French CAC40 index fell by 40.18 points, a decline of 0.47%, closing at 8,580.75 points; the Euro Stoxx 50 index dropped by 26.71 points, a decline of 0.43%, closing at 6,134.85 points; the Spanish IBEX35 index fell by 160.52 points, a decline of 0.87%, closing at 18,336.08 points; the Italian FTSE MIB index decreased by 313.44 points, a decline of 0.66%, closing at 47,112.50 points. **【Asian Markets】** The Nikkei 225 index rose by 0.16%, while the KOSPI index fell by 1%. **【Cryptocurrency】** Bitcoin dropped over 2.5%, trading at $65,765.18; Ethereum fell over 5%, trading at $1,924.81. **【Crude Oil】** WTI April futures rose by 2.8%, settling at $67.02 per barrel; Brent April futures settled at $72.4 per barrel. **【U.S. Dollar Index】** Affected by the decline in the U.S. stock market, the dollar index fell back to a roughly flat level in Friday's month-end trading. The dollar erased gains made after the U.S. January Producer Price Index exceeded expectations. The Bloomberg Dollar Spot Index approached flat after erasing gains of less than 0.2%, remaining roughly flat for February. **【Metals】** Spot gold rose by 1.84%, trading at $5,280.3; spot silver increased by over 6.2%, trading at $93.784 **\[Macroeconomic News\]** **Trump calls for the Supreme Court to reconsider or rehear his tariff policy case.** President Trump posted on social media that the recent Supreme Court ruling on tariffs could allow hundreds of billions of dollars to flow back to countries and companies that have been "exploiting" the United States for years, and based on this ruling, they may actually continue to do so, even at a higher level. I believe the Supreme Court did not take this into account! Those countries and companies that have taken advantage of us for decades and obtained billions of dollars they should not have received are now eligible for an unprecedented "ill-gotten gain," which is truly disappointing, to say the least. Is there a possibility for this case to be reconsidered or reheard? **U.S. companies disclose $233 billion in buyback plans in February, a record high for the same period.** According to data compiled by Birinyi Associates, U.S. companies disclosed $233 billion in stock buyback plans in February, the highest level for February on record and the third highest single-month total ever. In terms of quantity, it is the second highest for February in history, with approximately 205 companies approving buyback plans. Jeffrey Rubin, president of the firm, stated that the total announced buybacks this year have reached $327 billion, surpassing the same period in 2025 and setting a new record for the first two months of the year. **UBS downgrades U.S. stock ratings, warning of multiple risks including policy and valuation.** UBS has downgraded its rating on U.S. stocks in its 100% equity investment portfolio to benchmark, or neutral allocation, while maintaining an overweight on emerging market stocks. The bank pointed out that the U.S. market faces multiple adverse factors, including low operating leverage compared to other regions, downside risks for the dollar, lackluster buyback yields, and high valuations. "In dollar terms, the U.S. market's pullback relative to the global market is the largest in nearly 15 years," stated the strategy team led by Andrew Garthwaite in a client report on February 27. "Despite the rise of artificial intelligence, U.S. economic growth far exceeding expectations, and President Trump withdrawing some tariffs." **\[Individual Stock News\]** **Tesla (TSLA.US) CEO Musk's SpaceX considers secretly filing for a U.S. IPO as early as March.** Reports indicate that Musk's space exploration company SpaceX is considering secretly filing for a U.S. IPO as early as March, with a potential valuation exceeding $1.75 trillion. The company, headquartered at the Texas Starbase, plans to submit a confidential listing draft to the U.S. SEC in March, aiming for a formal listing in June, and is expected to become another super IPO following OpenAI and Anthropic. Related matters are still in progress, details may be adjusted, and the submission time may also be delayed. Some sources revealed that SpaceX's target valuation for this IPO exceeds $1.75 trillion. After acquiring Musk's AI company xAI in February, the overall valuation has reached $1.25 trillion. A confidential submission allows the company to receive regulatory feedback before public disclosure. SpaceX has not yet responded to requests for comment. The IPO fundraising scale may reach $50 billion, surpassing the historical record of $29 billion set by Saudi Aramco in 2019 SpaceX stated in an internal memo that going public in 2026 is to fund Starship, space AI data centers, and lunar bases. **Paramount (PSKY.US) will acquire Warner Bros. Discovery (WBD.US) at a price of $31 per share.** Paramount Global announced that it has reached a final merger agreement to acquire Warner Bros. Discovery. The transaction values Warner Bros. Discovery at an enterprise value of $110 billion, equivalent to a valuation multiple of 7.5 times its 2026 EBITDA on a fully synergized basis. The boards of both companies have unanimously approved the deal, which is expected to close in the third quarter of 2026. Paramount will issue $47 billion in Class B new shares at a price of $16.02 per share, with the Ellison family and RedBird Capital Partners making full investment commitments. **Trump Media & Technology Group is considering spinning off "Truth Social."** Trump Media & Technology Group (DJT.US) is discussing the spin-off of assets, including the social media platform "Truth Social," to form a new publicly listed company. Previously, the company completed a merger plan with nuclear energy company TAE Technologies valued at $6 billion. The company stated that shares of the spun-off company will be allocated to registered shareholders of Trump Media & Technology Group before the completion of the TAE transaction, after which the spun-off company will merge with the special purpose acquisition company "Texas Ventures Acquisition III." This spin-off aims to separate Trump Media & Technology Group's social media business from its investments in commercial nuclear fusion, as the company seeks to leverage the significant demand for energy brought about by the AI boom for its own development. Both companies noted that negotiations are still ongoing and no final agreement has been reached. **【Major Ratings】** Bank of America: Raised the target price for Dell (DELL.US) from $135 to $155 ## 相關資訊與研究 - [US FDA flags seizure risk with certain Parkinson's drugs, seeks label warnings](https://longbridge.com/zh-HK/news/279970578.md) - [Google Adds New Agentic Shopping Features as OpenAI Pivots, Amazon Enters the Mix](https://longbridge.com/zh-HK/news/279970425.md) - [CICC Sticks to Their Buy Rating for Weimob (WEMXF)](https://longbridge.com/zh-HK/news/280010687.md) - [Apple Inc. $AAPL Stake Lowered by Cacti Asset Management LLC](https://longbridge.com/zh-HK/news/279908238.md) - [Itron, Inc. 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