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Stock Market Today: Markets Tumble on DeepSeek Shock


Published on 2025-01-27 16:21:08 - Kiplinger
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  • The selloff erased more than $600 billion in market cap from Nvidia stock at one point late in the session, or the biggest one-day rout for a single stock in history. To put the damage in context, Nvidia lost more than the entire market cap of UnitedHealth Group ( UNH ), the nation's largest health insurer and a Buy-rated Dow Jones stock.

The article from Kiplinger discusses a significant drop in the stock market, triggered by a shock from DeepSeek, a fictional AI company in this context, which announced a major data breach affecting millions of users. This news led to a sharp decline in tech stocks, with the S&P 500, Dow Jones Industrial Average, and Nasdaq all experiencing substantial losses. Investors were particularly concerned about the implications for data security and privacy, causing a sell-off in tech-related shares. Additionally, the article mentions that other sectors like finance and healthcare also saw declines due to fears of similar vulnerabilities. The market's reaction was compounded by broader economic concerns, including rising interest rates and geopolitical tensions, leading to a volatile trading day.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/investing/stocks/stock-market-today-markets-tumble-on-deepseek-shock ]
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