DeepSeek Rocks Asian Markets, but European Stocks Rise

From Dow Jones & Company: 2025-01-28 07:53:38

Asian stocks fell following a brutal tech selloff, with Tokyo’s Nikkei 225 closing 1.4% lower due to a slide in chip stocks. DeepSeek’s low-cost AI model raised concerns about semiconductor spending. European indexes, including the Stoxx 600, rose 0.6% as luxury, energy, and car stocks dominated trading, calming investors.



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