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US Stock Market LIVE: Fear of DeepSeek causes Nvidia's stock to plummet over 7% and the Nasdaq to drop 5%

US Stock Market LIVE: Fear of DeepSeek causes Nvidia's stock to plummet over 7% and the Nasdaq to drop 5%

US Stock Market News LIVE: Amid concerns that a more accessible artificial intelligence model from China would threaten the hegemony of US tech firms, Nasdaq futures fell 5% in tandem with US technology stocks. In U.S. premarket trading, Nvidia Corp. fell 12%, which, if it continues, may be its biggest market capitalization drop ever.

US stock market news in real time: Nasdaq 100, S&P 500, and Dow E-minis decline
LIVE US Stock Market News: The Dow E-minis lost 415 points, or 0.93%, the S&P 500 E-minis fell 151.75 points, or 2.47%, and the Nasdaq 100 E-minis sank 928.75 points, or 4.24%, as of 06:56 a.m. ET.

Live US Stock Market News: What's all the commotion about DeepSeek?

LIVE US Stock Market News: With tech analysts pointing out that DeepSeek's AI model offers performance comparable to the best chatbots in the world, but at a significantly lower cost, the company's buzz grew over the weekend. This causes stock traders to worry about the exaggerated prices of AI-related equities as well as Silicon Valley's business strategy, which mostly depends on significant investments in R&D.

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