Katherine Sullivan

The S&P 500 added 0.8 percent, while the Dow climbed half a percent.

Oil prices stabilized today after a significant rally earlier in the week.

Energy costs remain a focus as analysts warn of upward pressure on inflation.

Among individual companies, GitLab shares slid 6% today.

The software development tools firm expects slower annual sales growth due to artificial intelligence threats.

CrowdStrike stock rose 4% after the cybersecurity company posted strong quarterly earnings.

Clients are turning to the firm to combat more complicated cyber threats due to AI.

Meta Platform's shares climbed 2%.

The company is reportedly creating a new AI engineering body to bolster superintelligence efforts.

Bath & Body Works' stock jumped nearly 3%.

The retailer reported progress on its refocus towards core products like scented candles and body care.

And shares of Coinbase Global surged almost 15% as various cryptocurrencies rallied.

Robinhood stock also climbed 8% following the rebound in digital assets.

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.

Here's your Closing Bell Brief for Friday, February 27th.

I'm Katherine Sullivan for The Wall Street Journal.

U.S.

stocks fell today to close out February.