Dow Jones today: Why the index is down more than 600 points on inflation and AI nerves
NEW YORK, February 27, 2026, 12:33 — Regular session The Dow Jones Industrial Average dropped more than 600 points by midday Friday, pressured by a stronger-than-anticipated wholesale inflation print and renewed volatility in AI-focused stocks. As of 11:47 a.m. ET, the Dow had fallen 602.06 points, marking a 1.22% decline to 48,897.14. The S&P 500 retreated 0.66%, while the Nasdaq Composite slipped 0.99%. Both the S&P 500 and Nasdaq tracked for their heaviest monthly losses since March 2025.