Nasdaq crashes 700 points, S&P over 2% as China's AI push rattles Big Tech
- Posted on January 27, 2025
- By Business News Today
- 4 Views
Nasdaq crashes 700 points, S&P over 2% as China's AI push rattles Big Tech
Wall Street's main indexes opened lower on Monday, 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.