In the middle of the DeepSeek tech selloff Monday, the classic blue-chip stocks are behaving like - well, blue chips. Throughout the premarket and early selling, the Dow Jones Industrial Average (DJI) has been outperforming.
Stocks futures are pointing to a sharply lower open on Monday as technology stocks tumble on concerns about the competitive threat that China poses in the race to develop artificial intelligence.
The Dow Jones sold off Monday as Nvidia stock plunged on an artificial intelligence threat from China known as DeepSeek.
The Dow Jones Industrial Average (DJIA) dipped into the 44,000 handle during Monday’s early overnight session, driven lower by a fresh bout of souring in investor risk appetite after a Chinese company globally released an open-source competitor to US-based AI models that have been largely proprietary up to this point.
S&P 500 futures are falling 1.6%. Dow Jones Industrial Average futures are dropping 0.9%. Nasdaq 100 futures are plunging 2.6%. On Friday, the Dow Jones Industrial Average fell 141 points, or 0.32%, to 44,
In international markets, chipmaking and electrification companies saw pressure on the fears over the DeepSeek AI service. SoftBank -- the company that said it would fund up to $500 billion in AI infrastructure as well as the main shareholder of microchip designer ARM -- saw its stock dive 8%.
Dow, S&P 500 and Nasdaq futures are also dropping Thursday as tech stocks fall amid fears over China's DeepSeek AI.
ET, the Dow Jones Industrial Average fell 0.28 per cent, the S&P 500 lost 1.77 per cent, the Nasdaq Composite lost 3.04 per cent
Wall Street’s main indexes opened lower on Monday (Jan 27), as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chipmaker Nvidia and other companies that stand to benefit from investments into the technology.
With this being said, Wall Street's bull market is on the cusp of unwanted history. Arguably, the best valuation tool that allows for the clearest apples-to-apples comparisons is the S&P 500's Shiller price-to-earnings (P/E) ratio. You'll also find the Shiller P/E referred to as the cyclically adjusted P/E ratio ( CAPE ratio ).
We recently published a list of 12 Best Dow Stocks to Buy Right Now. In this article, we are going to take a look at where Salesforce, Inc.
US PMI data came in more mixed than expected, to little effect. The Dow Jones Industrial Average (DJIA) churned into a soft backpedal on Friday, testing down around 200 points on a slow trading day.