S&P 500 drops 1%, Dow Jones plunges over 700 points, banking sector falls about 4%, Zscaler drops around 14%, Netflix rises about 9%

The Nasdaq 100 index extended its decline to 1%, with constituent stocks Zscaler down 13.9%, Workday down 6.7%, Atlassian down 6.1%, Datadog down 5.5%, CrowdStrike down 5.5%, Synopsys down 3.8%, Palo Alto Networks (PANW), Strategy, and Cadence Design Systems all down more than 3%. Walmart rose 2.1%, Autodesk rose 3.2%, and Netflix rose 8.7%. The Philadelphia Bank Index fell 3.8%. Among major Wall Street banks, Citigroup fell 5.20%, Goldman Sachs fell 4.88%, Morgan Stanley, Bank of America, Wells Fargo, and JPMorgan all fell as much as 4.56%. The Dow Jones fell 764 points, with its decline widening to 1.51%. Related articles: Geopolitical risks rise, US stocks head for a decline in February, Dow Jones futures fall more than 1%, gold, silver, and oil surge together, US Treasuries rise, and the RMB depreciates by nearly 150 points.