US stock market crash today: The Dow Jones Industrial Average crashed 777 points on Friday, February 27, 2026. The S&P 500 dropped 65 points and the Nasdaq fell 257 points. January's Producer Price Index shocked markets,

The prospects for AI to sustain build-out spending and to harm legacy industries continue to be front of mind for Wall Street.

The Dow, S&P 500, and Nasdaq are down as the stock market grapples with AI concerns and fears over U.S. talks with Iran.

The Nasdaq is on pace for a decline of more than 3% in February and its worst monthly performance since last March. The iShares Expanded Tech-Software ETF (IGV) is down 10% for the month, bringing its year-to-date losses to 23%. The S&P 500, meanwhile, is on track for a more than 1% loss in February, while the Dow is on pace for a 0.3% decline.

As of 1:20 p.m. ET, the Nasdaq Composite ( ^IXIC 1.32%) index dropped 1.9% lower while the S&P 500 ( ^GSPC 0.64%) fell 1.1%. The Dow Jones Industrial Average ( ^DJI 0.04%), on the other hand, only slipped 0.4% lower:

Stock Market Today: The Dow Jones index gives up gains made Wednesday after a surprise January jobs report. Astera and Robinhood plunge on earnings.