Stock market on January 23, 2025, reflects a mixed performance, with the Dow Jones rising, the Nasdaq Composite dipping, and the S&P 500 nearing record levels.
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.
--Down 6.67% from its all-time high of $106734.51 on Dec. 17, 2024 (based on 4 p.m. levels) --Up 133.58% from 52 weeks ago (Jan. 17, 2024), when it traded at $42647.53 --Down 6.67% from its 52 ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or over 700 points. Meanwhile, the tech-heavy Nasdaq Composite ( ^IXIC) soared 2.5%.
Bitcoin on Monday fell below its $100,000 milestone for the first time in a week, as Chinese startup DeepSeek raised prospect of cheaper artificial intelligence models, sparking a tech selloff and weighing on broader investor sentiment.
Losses accelerated on Monday as AI bellwether Nvidia ( NVDA) dropped more than 17%, leading a sell-off across the broader market after a new AI model from China's DeepSeek raised questions about AI investment and the rise of more cost-efficient artificial intelligence agents.
Wall Street's tech giants dragged US frontline indices on Monday after China's AI startup DeepSeek rattled Silicon Valley and hit the top of Apple’s App Store chart
Bitcoin briefly dipped below $100,000 early Monday as a global technology stock sell-off rattled markets to start the week.
Bitcoin on Monday fell below its $100,000 milestone for the first time in a week, as Chinese startup DeepSeek raised prospect of cheaper artificial intelligence models, sparking a tech selloff and weighing on broader investor sentiment.
After China's DeepSeek prompts AI rethink, Nvidia stock slides. Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Bitcoin fell below the $100,000 level for the first time in a week on Monday, along with the tumble of tech stocks, as fears around Chinese startup DeepSeek's AI progress weighed on investors’ sentiment.
That's not confirmed, but it's the fear of the market today and fear and uncertainty aren't things the market likes. Tech has fueled a lot of the market's gains over the past two years so it's no surprise it will fuel its fall as well.