US Stock Market Closing Bell: Dow crashes 749 points, S&P 500 slides over 100 pts; Amazon, Amex, Nvidia fall up to 4%

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US Stock Market Today (February 21), Dow Jones, S&P 500, Nasdaq: US equity benchmarks Dow Jones Industrial Average (DJIA), S&P 500 and Nasdaq Composite plunged 1.7-2.2 per cent amid a broad-based sell-off on Friday as investors started at a weaker-than-expected business activity reading, already fearing policy uncertainty after US President Donald Trump announced a number of tariff moves this week. Heavyweights like Amazon, Nvidia, Amex, Wallmart and Goldman Sachs closed 2.6-7.2 per cent lower, pulling key indices lower, while scrips such as Coca Cola, Merck, P&G, PepsiCo, Kraft Heinz and MercadoLibre—rising between 1.8 per cent and 7.1 per cent—lent some support.

Walmart shares fell another 2.5 per cent to settle at $94.8 apiece, after the previous day’s 6.5 per cent plunge that followed a weaker-than-expected guidance from the world’s largest retailer.

US Stock Market on Friday, February 21 | Here is how Dow Jones, S&P 500 & Nasdaq fared at the closing bell

  • DJIA: down 748.6 points, or 1.7 per cent, at 43,428
  • S&P 500: down 104.4 points, or 1.7 per cent, at 6,013.1
  • Nasdaq Composite: 438.4 points, or 2.2 per cent, at 19,524

What hurt the US share market & what helped?

Barring the consumer staples space, all major sectors faced selling pressure, with consumer discretionary, technology, industrial and energy shares being the worst hit.

Top Dow Gainers vs Losers

As many as 22 Dow stocks closed in negative territory.

NVIDIA shares ended 4.1 per vent lower at $134.4 apiece while the Amazon Inc stock fell 2.8 per cent to $216.6 apiece.

On the flipside, the fewer gainers in the pack included Coca-Cola, rising 1.9 per cent for the day to $71.4 apiece.

Stock

CMP ($)

Change (%)

Unitedhealth Group Inc

466.4

-7.2

NVIDIA Corp

134.4

-4.1

Amazon.com Inc

216.6

-2.8

American Express Co

295.4

-2.8

3M Co

145.0

-2.8

Johnson & Johnson

162.3

1.6

Amgen Inc

303.0

1.7

Procter & Gamble Co

170.2

1.8

Coca-Cola Co

71.4

1.9

Merck & Co Inc

89.5

2.1

Now, let’s take a look at the US technology-heavy Nasdaq pack. 

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Top Nasdaq Gainers vs Losers

Here’s how some of the prominent names fared in the basket:

Stock

CMP ($)

Change (%)

Grail Inc

40.7

-14.7

Old Dominion Freight Line Inc

180.4

-8.5

Constellation Energy Corp

284.4

-8.1

Applovin Corp

415.3

-7.7

Microstrategy Inc

299.7

-7.5

CrowdStrike Holdings Inc

406.7

-6.8

Airbnb Inc

146.1

-6.0

MongoDB Inc

273.3

-5.8

Intel Corp

24.9

-4.7

Tesla Inc

337.8

-4.7

NVIDIA Corp

134.4

-4.1

Alphabet Class C

181.6

-2.7

Alphabet Class A

179.7

-2.7

Netflix Inc

1003.2

-2.1

Microsoft Corp

408.2

-1.9

Meta Platforms Inc

683.6

-1.6

Cisco Systems Inc

64.0

-1.1

Apple Inc

245.6

-0.1

Biogen Inc

140.6

2.6

Keurig Dr Pepper Inc

34.0

2.7

PepsiCo Inc.

153.5

3.0

Kraft Heinz Co

31.1

3.2

Monster Beverage Corp

53.0

3.5

Mondelez International Inc

64.7

4.0

PDD Holdings Inc

131.3

5.6

MercadoLibre Inc

2260.0

7.1

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With inputs from agencies