Weekly Market Recap: Friday, February 20, 2026 — Market Analysis

Key Themes This Week

• •Markets closed higher for the week after the Supreme Court struck down President Trump's emergency tariffs on Friday, though a disappointing GDP report showed economic growth slowed to 1.4% in Q4 2025.
• •Technology and software stocks faced continued pressure from concerns about AI disruption, with cybersecurity names particularly hard hit despite their defensive positioning against emerging threats.
• •Major retailers like Walmart reported solid earnings but issued cautious guidance, reflecting a diverging consumer landscape where higher-income households drive growth while lower-income shoppers remain stretched.