Stock Market Today, Feb. 27: Stocks collapse as week draws to close, thanks to inflation surprise

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Happy Friday. This is TheStreet’s Stock Market Today for Feb. 27, 2026. You tin travel the latest updates connected the marketplace present successful our regular unrecorded blog.

Here are today's Midday Movers:

The U.S. markets are present opened for the day. It's shaping up to beryllium a unsmooth ending to the week, arsenic a red-hot wholesale ostentation study and AI bubble speech signifier today's declines.

The Dow (-1.43%), Nasdaq (-1.40%), and S&P 500(-1.08%) are each down implicit 1 percent, conscionable a abbreviated fewer minutes into today's trading. The Russell 2000 (-1.63%) is besides sharing successful these declines arsenic it shows its opening print.

Meanwhile, the Cboe Volatility Index (+14.6%) is advancing, sitting astatine 21.35.

The 10Y Treasury is 3.2 bips little astatine 3.985%, present beneath 4% for the archetypal clip since past year.

To talk to the gravity of the declines, present is simply a glimpse of the S&P 500 vigor representation this morning, which is showing beet reddish declines successful technology, cyclicals, and financials.

Chicago PMI just landed astatine 57.7, handily beating expectations of 52.8.

Good morning. We're conscionable a fewer minutes distant from the opening bell, with banal futures tipping to the downside. This morning's Producer Price Index (PPI) report, worries astir the AI bubble, and different concern quality look to beryllium playing a hand. These different stories are dominating the headlines:

In concern news, Netflix is jumping successful the premarket aft declining to upsize its bid for Warner Bros. Discovery, clearing a way for the Ellison-backed Paramount Skydance to sorb the HBO genitor successful a $111 cardinal deal. Investors are betting that they've dodged a slug by being outbid for the highly indebted media giant; plus, they'll people a saccharine $2.8 cardinal exit interest from WBD.

Jack Dorsey's Block is laying disconnected 40% of its 10,000 staff, unwinding a years-long over-hiring spree brought connected by the firm's accelerated maturation and zero involvement complaint policy. Dorsey cites AI for the slimming up. We'll person much connected this 1 a spot later.

All that said, present are today's large information and net reports to watch:

This morning's Producer Price Index report wildly disappointed, showing further signs of acceleration successful wholesale prices. The PPI precocious 0.5% month-over-month, portion Core PPI advanced 0.8%. Analysts were looking for the 2 to lone emergence 0.3% MoM according to a statement tabulated by TradingEconomics.