Stock Market Today: Nasdaq, S&P 500 down sharply as DeepSeek fears spark $1.1 trillion tech rout, Nvidia drops 14%; Dow turns positive
The Dow is up roughly 0.3%, versus a fall of 3.11% for the Nasdaq. If it holds, the Dow's 3.41 percentage point outperformance would be its strongest versus the Nasdaq since Nov. 9, 2020, according to Dow Jones Market Data, when the blue-chip gauge outpaced the tech-heavy index by 4.47 percentage points.
Nasdaq sinks by 3% as tech reels from DeepSeek AI fears
US stocks (^DJI, ^IXIC, ^GSPC) are selling off, with the Nasdaq Composite sinking by more than 3% at the session start as a result of tech stocks reacting to DeepSeek's AI model unveil. Morning Brief host Brad Smith and Yahoo Finance markets and data editor Jared Blikre monitor this morning's market losses as Big Tech players sell off.
The Nasdaq Composite fell sharply on Monday after a Chinese artificial intelligence start-up had Wall Street rethinking many assumptions underpinning the AI stock rally. The tech-heavy index sank 3.1% ...
Tech investors sent the Nasdaq tumbling on Monday. But why? The post Why did the Nasdaq just crash more than 3%? appeared first on The Motley Fool Australia.
The Dow Jones Industrial Average is outperforming other major indexes and is on track to best the Nasdaq Composite by the widest margin in years. The Dow is up roughly 0.3%, versus a fall of 3.11% for ...
Going as far back as far as 1972 -- the first full year the Nasdaq traded -- in each year after achieving gains of 28% or ...
Wall Street tumbled on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat ...
Wall Street’s superstars tumbled Monday as a competitor from China threatens to upend the artificial-intelligence frenzy they ...
Read why the GovCon Index slumped in the week of January 21 to 24 after recording its best single-day performance.
MT Newswires on MSN12h
Nasdaq, S&P 500 Lower Amid AI Competition Concerns From Chinese StartupThe S&P 500 and the Nasdaq Composite were on track to close lower Monday as concerns regarding artificial intelligence competition from a Chinese startup rattled the US technology sector. The ...
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