U.S. stocks traded lower midway through trading, with the S&P 500 falling around 1% on Friday.

The Dow traded down 0.99% to 47,479.25 while the NASDAQ fell 0.86% to 22,554.26. The S&P 500 also fell, dropping, 0.96% to 6,765.31.

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Leading and Lagging Sectors

Energy shares rose by 0.5% on Friday.

In trading on Friday, financial stocks dipped by 2.1%.

Top Headline

U.S. retail sales fell by 0.2% from the previous month in January, compared to market estimates of a 0.3% decline.

Equities Trading UP
           

  • Peraso Inc (NASDAQ:PRSO) shares shot up 89% to $1.54 after the company announced InTACT selected its 60 GHz millimeter-wave technology for a new drone Identification Friend or Foe system.
  • Shares of Day One Biopharmaceuticals Inc (NASDAQ:DAWN) got a boost, surging 66% to $21.16 after the company announced it will be acquired by Servier.
  • Marvell Technology Inc (NASDAQ:MRVL) shares were also up, gaining 18% to $89.00 after the company reported better-than-expected quarterly financial results.

Equities Trading DOWN

  • Calidi Biotherapeutics Inc (NYSE:CLDI) shares dropped 53% to $0.36 after the company announced the pricing of its $5.2 million offering of 10.5 million shares.
  • Shares of Owlet Inc (NYSE:OWLT) were down 30% to $8.29 after the company reported fourth-quarter financial results. Also, the company issued first-quarter sales guidance below estimates.
  • eLong Power Holding Ltd (NASDAQ:ELPW) was down, falling 45% to $0.044 after the company announced a 1-for-80 share consolidation.

Commodities

In commodity news, oil traded up 12.6% to $91.26 while gold traded up 1.8% at $5,170.30.

Silver traded up 3% to $84.635 on Friday, while copper fell 0.2% to $5.7960.

Euro zone

European shares were lower today. The eurozone's STOXX 600 declined 1.04%, while Spain's IBEX 35 Index fell 1.14%. London's FTSE 100 fell 1.21%, Germany's DAX dipped 0.88% and France's CAC 40 fell 0.79% during the session.

Asia Pacific Markets

Asian markets closed mostly higher on Friday, with Japan's Nikkei 225 gaining 0.62%, Hong Kong's Hang Seng index gaining 1.72%, China's Shanghai Composite rising 0.38% and India's BSE Sensex dipping 1.37%.

Economics

  • The US Manheim Used Vehicle Value Index rose 0.8% month-over-month in February compared to a 2.4% gain in the previous month.
  • U.S. retail sales fell by 0.2% from the previous month in January, compared to market estimates of a 0.3% decline.
  • The U.S. economy lost 92,000 nonfarm payrolls in February 2026, according to data released Friday by the Bureau of Labor Statistics. The figure marked a sharp slowdown from January’s downwardly revised 126,000 job gains and came well below economists’ expectations of 59,000.
  • The unemployment rate ticked up from 4.3% to 4.4%, above forecasts of 4.3%.
  • Average hourly earnings rose 0.4% month-over-month, matching January’s pace and topping consensus estimates of 0.3%.
  • U.S. business inventories increased by 0.1% month-over-month in December compared to a revised flat reading in the previous month.

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