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%.
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For the better part of two years, artificial intelligence technologies have been a nonstop gift for US equities investors.
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