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.
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