Economic TimesLean R·
US stocks today: Nasdaq falls at open as DeepSeek's AI chip push rattles markets
Dow Jones & US Stocks today: Chip stocks experienced significant losses, impacting the S&P 500 and Nasdaq indices. Doubts emerged regarding the sustainability of the AI-driven rally, despite positive Samsung earnings. Samsung's shares declined in South Korea, affecting broader market sentiment. Other companies like Intel and Micron also saw substantial drops in their stock values. The Dow Jones Industrial Average, however, managed to achieve a new intraday record.
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