Nasdaq Rebounds with Nvidia Surge Following DeepSeek-Driven Sell-Off

Reported 1 day ago

On January 28, 2025, the Nasdaq and S&P 500 indices rebounded significantly after a steep sell-off caused by concerns over Chinese startup DeepSeek's competitive AI model. Nvidia's shares led the recovery, rising nearly 9% after experiencing a historic market cap drop of $589 billion in the previous session. The market remained cautious as investors monitored the impacts of upcoming tech earnings and speculated on potential tariff changes from President Trump.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis