The S&P 500 slumped more than 2 percent as U.S. markets opened.
|  |  | | Jan. 27, 2025, 9:47 a.m. ET | | |
BREAKING NEWS  | | Seth Wenig/Associated Press |
Stocks Fall Sharply as Investors Worry About China's A.I. AdvancesThe Chinese A.I. company DeepSeek has made waves by matching the abilities of cutting-edge chatbots while using a fraction of the computer chips that leading A.I. companies rely on. Read more | |  | Sign up for the the DealBook newsletter. Our columnist Andrew Ross Sorkin and his Times colleagues help you make sense of major business and policy headlines — and the power-brokers who shape them. Get it in your inbox |
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