At midnight, China's stocks soared.

On February 21, local time, the major indices of the U.S. stock market fell. The Dow Jones Industrial Average dropped 1.69%, the Nasdaq Composite Index fell 2.20%, and the S&P 500 Index fell 1.71%. Chinese stocks performed well, with the Nasdaq China Dragon Index rising 1.65%, MicroAlgo surging 453.04%, Xiaoma Intelligent up 32.05%, and Douyu up 17.07%.

International oil prices fell sharply on Friday. Analysts believe that oil traders are paying attention to the risk of disruptions in Russian oil supplies and other uncertainties related to the conflict between Russia and Ukraine.

The Dow Jones Industrial Average fell 748.63 points, or 1.69%, and the Nasdaq Composite Index fell 438.35 points, or 2.20%. The S&P 500 Index fell 104.39 points, or 1.71%.

This week, the Dow Jones Industrial Average fell 2.51%, the Nasdaq Composite Index fell 2.51%, and the S&P 500 Index fell 1.66%.

The Nasdaq China Dragon Index rose 1.65%, and it once rose 4.27%.

Among Chinese stocks, Douyu jumped 17.07%, Doushu Cloud, Tencent Music rose over 10%, Soundweb rose 8.64%, Alibaba rose 5.68%, Dingdong Maicai rose 5.11%, RL X Technology, Li Auto, and PPG Auto rose over 4%.

MicroAlgo closed up 453.04%, and it once rose more than 900%.

MicroAlgo is committed to developing and applying customized central processing algorithms. It provides solutions by combining central processing algorithms with software or hardware or both to help customers increase customer numbers, improve user satisfaction, achieve direct cost savings, reduce power consumption, and achieve technical goals.

International oil prices fell sharply on Friday. Analysts believe that oil traders are paying attention to the risk of disruptions in Russian oil supplies and other uncertainties related to the conflict between Russia and Ukraine.

The April delivery of West Texas Intermediate (WTI) crude oil futures on the New York Mercantile Exchange fell $2.08, or 2.87%, to settle at $70.40 a barrel.

The April delivery of Brent crude oil futures on the Intercontinentalexchange fell $2.05, or 2.68%, to settle at $74.43 a barrel.

Ole Hansen, an analyst at Danish brokerage firm Saxo Bank, said that investors took a relatively neutral but slightly bearish stance on oil prices, with the trading price of Brent crude oil near the middle of its expected range of $65 to $85 per barrel this year.