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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InMajor US stock indices closed lower on February 27, marking a significant downturn as the S&P 500 recorded its worst monthly performance in 11 months. The index fell 0.43% during the session, ending February with a total decline of 1.43%. Other benchmarks followed suit, with the Nasdaq Composite sliding 0.92% and the Dow Jones Industrial Average dropping 1.05%. Market sentiment was heavily weighed down by fresh inflation data and growing anxiety regarding the valuations of Artificial Intelligence (AI) investments. These macroeconomic and sector-specific pressures particularly punished technology and growth stocks. The broad decline across all major indices indicates a notable shift toward risk-off behavior among global investors.