NYSE Composite ends February wobbling as AI jitters and hot inflation set up a big jobs week
The Dow fell 1.1% Friday and 1.3% for the week; the S&P 500 and Nasdaq also posted weekly declines. The NYSE Composite closed at 23,494.44, down 0.13%. Block announced over 4,000 job cuts, while Dell forecast AI server revenue to double. Oil rose and the 10-year Treasury yield slipped to 3.96%.