January 28, 2025
Stocks Shoot Higher After Cautious Open
The Nasdaq Composite is bouncing back. The Dow, which actually rose on Monday because it lacked many of the independent utility and chip stocks caught up in the DeepSeek selloff, was up another 250 points, or 0.6%. Wall Street is trying its best to keep up with the latest developments surrounding DeepSeek, a Chinese AI program that sent tech stocks reeling on Monday.