#ThreeMajorUSIndexesDecline

The three major US stock market indices (Dow Jones, S&P 500, and Nasdaq) have experienced a significant decline recently. Particularly on Monday (around February 23, 2026), the indices fell sharply: the Dow Jones dropped more than 800 points (approximately 1.7%), the S&P 500 fell by around 1%, and the Nasdaq lost 1.1% of its value.
🤔 Two main reasons stand out for the decline:
Trump's Tariff Uncertainty
US President Trump's moves to increase global tariffs have unsettled the markets. After the Supreme Court overturned some broad tariffs announced for April 2025, Trump implemented a 10% global tariff and signaled a potential increase to 15%. This reignited fears of a trade war and created uncertainty in the global trade environment. AI-Related Concerns ("AI Disruption Fears")
Fears spread that rapid AI developments could negatively impact some sectors (such as software, cybersecurity, and finance). Investors sold off based on scenarios where AI could "replace" companies. Stocks like IBM, CrowdStrike, and Datadog fell by 9-13%. This is called "AI scare trade."
The combination of these two factors reduced risk appetite and triggered widespread selling. 💡Many analysts attribute the decline to "overreaction" and a "sell-first, ask-questions-later" approach.
Anshul Sharma, CIO of Savvy Wealth, says the decline in software stocks is exaggerated and that AI will not immediately replace companies; a relief rally can be expected. General expectation: Volatility will continue, but a recovery is possible as long as the underlying economic force (earnings growth) supports it. On Tuesday (February 24), the indices recovered and rose (Dow +0.8%, Nasdaq +1.1%), suggesting that the sell-off may be temporary.
👀 In the long term: While tariff and AI uncertainty are creating short-term pressure, experts say the market could rise "as anxiety climbs the wall." However, a more balanced growth and sector rotation (shift from technology to value stocks) is projected for 2026 overall.
🔎 In short: The decline appears temporary; the main driver is uncertainty. The market is currently focused on the question of "what will happen," and the recovery could accelerate as clarity emerges.