Nasdaq leads Wall St higher; tech shares recover from Monday's sell-off

Quick Summary:

NEW YORK: US stocks ended higher on Tuesday (Jan 28), with Nvidia and other artificial intelligence-linked technology shares recovering from sharp losses the previous day as investors snapped up bargains.

Investors were eager to hear from Apple, Microsoft and other companies when they report quarterly results this week.

The tech sell-off followed Chinese startup DeepSeek's launch of AI models it said were on a par or better than industry-leading US rivals at a fraction of the cost.

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Category: EconomyBusiness

Markets: SingaporeChina

Topics: Points Tuesday Gained Shares Cent Nvidia Biggest Investors York News

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Article Type: News Report

Published On: 2025-01-29 @ 05:56:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 509 words

Reading Time: 3 minutes read

Sentences: 23 lines

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Copyright Owner: © Channel News Asia

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