Nasdaq Jumps 2% as Investors Pivot to Big Tech Earnings
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The Nasdaq Composite on Tuesday bounced back a bit from the artificial intelligence stock selloff, but the rest of the market was mixed ahead of tomorrow’s Federal Reserve meeting. In the wake of yesterday’s selloff triggered by a surprisingly efficient Chinese AI program called DeepSeek, Wall Street will want some reassurance from Big Tech CEOs about their AI investments. Before that, the Federal Open Market Committee will announce its January interest-rate decision.
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