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Here's your closing bell brief for Friday, February 27th. I'm Catherine Sullivan for the

Wall Street Journal. U.S. stocks fell today to close out February. All three major indexes

dropped amid concerns about inflation and the private credit market. The Dow led the decline

with a loss of about 1.1%. The NASDAQ was down 0.9%, and the S&P 500 dropped 0.4%.

In unexpected jump in wholesale inflation also weighed on investor sentiment. Among individual companies,

Goldman Sachs shares dropped 7.5% today.

The slide followed growing worries regarding problems in the private credit market.

Warner Brothers Discovery shares fell 2%. The drop came after Paramount Skydance won a bidding war

for the entertainment company. Paramount Skydance shares were up nearly 21%.

Dell shares surged 22% after reporting a massive leap in quarterly sales. The technology company

benefited from high demand for its artificial intelligence server business. Duolingo shares

tumbled 15% following a weak outlook for the year. The company expects

a slowdown in bookings and lower overall profitability. And CoriWeave shares skid at 18 and a half

percent after providing disappointing guidance to investors. A planned hike in capital spending

is expected to pressure the company's margins.

Heads up, an artificial intelligence tool helped us make this episode by creating summaries that were

based on WSJ reporting and then reviewed and adapted by an editor. We'll have a lot more coverage

of the day's news on the WSJ's What's News podcast. You can add it to your playlist on your smart speaker

or listen and subscribe wherever you get your podcasts.

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