The three major U.S. stock indices closed sharply lower, with IBM experiencing its largest single-day decline since 2000.

ChainCatcher reports that according to Gate market data, U.S. stocks closed lower on Monday, with the three major indices opening and closing down. The Dow Jones Industrial Average initially fell 1.66%, the S&P 500 declined 1.04%, and the Nasdaq dropped 1.13%. Precious metals and non-ferrous metals led the gains, while application software and information technology services saw the largest declines. IBM plummeted 13%, marking its largest single-day drop since 2000. The Nasdaq China Golden Dragon Index fell nearly 1%. Adobe and Oracle each declined about 4.6%, Salesforce dropped 3.7%, and Microsoft fell 3.2%.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

UK ISA bans crypto ETNs, retail investors lose tax-free crypto investment channel starting April

The UK will shut down investment channels for cryptocurrencies within Individual Savings Accounts (ISAs) in April 2026, as Her Majesty's Revenue and Customs (HMRC) reclassifies crypto exchange-traded notes (ETNs) as ineligible securities. This change affects investors' tax advantages, making capital gains taxation necessary, and may drive some investors to offshore platforms. The ban has sparked debates over investor protection and market competitiveness.

MarketWhisper1h ago

Citigroup enters Bitcoin: Making BTC bankable, $30 trillion institutional framework opens up

Citigroup Digital Asset Custody Head Nisha Surendran announced that the company plans to officially integrate Bitcoin services for institutional clients by 2026, with the core message being "making Bitcoin an asset that banks can trade." This global financial giant, managing over $30 trillion in traditional assets, plans to provide Bitcoin with infrastructure equivalent to stocks and bonds within its existing institutional service framework to meet the continuously growing institutional demand.

MarketWhisper1h ago

The President of The ETF Store: Spot Bitcoin ETF investors' overall holdings remain stable, with a net inflow of over $1 billion in the past three days.

Recently, Bitcoin prices have pulled back, but spot Bitcoin ETF investors' holdings remain stable. Although there has been a net outflow of approximately $6.5 billion since early October, this is limited compared to the $55 billion net inflow. Over the past three days, spot Bitcoin ETFs have experienced a net inflow of over $1 billion.

GateNews1h ago

Data: Yesterday, the US Bitcoin spot ETF experienced a net inflow of $253.89 million.

According to crypto analyst Trader T's monitoring, the US Bitcoin spot ETF had a net inflow of $253.89 million yesterday. Among them, IBIT (BlackRock) had a net inflow of $275.26 million, FBTC (Fidelity) had a net outflow of $51.49 million, BITB (Bitwise) had a net inflow of $69.01 million, ARKB (Ark) had a net outflow of $44.86 million, and BTC (Grayscale Mini) had a net inflow of $5.97 million.

GateNews1h ago

XRP Today News: Federal Reserve interest rate cut expectations cool down, bulls lose control, falling below $1.40

On February 26, XRP came under pressure due to strong US employment data, with the price dropping from $1.4454 to $1.3862 and closing at $1.4027, a daily decline of 2.16%. Despite the market sentiment being pressured, XRP spot ETFs continued to attract funds, with an average net inflow of $70.26 million at the beginning of the year. If XRP's utility and ETF capital inflows persist, there is potential for the price to decouple. Short-term support is at $1, with a medium-term target of $2.

MarketWhisper1h ago

Wintermute: Retail investors shift to stocks, establishing cryptocurrency interoperability

Wintermute analysis report shows that retail funds are rapidly flowing into the stock market in 2025, while investments in cryptocurrencies are decreasing, marking a structural shift in the relationship between the two. This trend is driven by the increased attractiveness of the stock market and the reduced volatility of cryptocurrencies, which diminishes their appeal to retail investors. Analysts point out that investors are viewing stocks and cryptocurrencies as interchangeable assets, indicating market maturation and the importance of new retail activities.

MarketWhisper2h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)