The selloff in the stocks of Nvidia, Microsoft and Amazon on the back of worries over competition from China-based DeepSeek's AI assistant is accounting for most of early selloff in Dow futures.
On a weekly basis, Wall Street’s main indexes are set for their second straight week of advances, with the blue-chip Dow on track for its biggest weekly jump since October 2022.
The Dow has been on an upward trajectory today thanks to most of its heavy hitters gaining ground. The blue-chip index was up 0.8%, or 362 points. The Dow is price weighted—meaning companies with ...