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.
Stock market today: Nasdaq clobbered, S&P 500 tumbles as AI fears rock Nvidia, tech stocks
The tech-heavy Nasdaq Composite ( ^IXIC) sank nearly 3.5%, while the S&P 500 ( ^GSPC) dropped nearly 2%. The blue-chip Dow Jones Industrial Average ( ^DJI ), which is less dependent tech stocks, bucked the trend, rising 0.1%.
Key Takeaways Vistra shares tumbled Monday after the success of Chinese startup DeepSeek's AI model led investors to question ...
For the better part of two years, artificial intelligence technologies have been a nonstop gift for US equities investors.
According to a paper authored by the lab, the DeepSeek-R1 model outperforms cutting-edge models such as OpenAI’s o1 and ...
DeepSeek has complicated the dominant narrative that's propped up the market for the last 2 years, challenging lofty ...
DeepSeek stunned the tech world with the release of its R1 "reasoning" model, matching or exceeding OpenAI's reasoning model ...
Is Super Micro Computer a good investment in 2025? Get insights into its projected growth, financial outlook, and potential ...
AbbVie is one of the better pharmaceutical stocks on the scene, buttressed by a strong product lineup and a promising ...
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