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Tech Tumbles: Nasdaq Falls as AI Disrupts Markets: tech sector pulled back, driven by news of China’s new AI platform, DeepSeek.

Market Commentary by Larson COO Mitchell Wood The Major Markets sprung to life last week with gains across all five indices, despite the seemingly ever-present volatility related to banking confidence. The week began with the news that UBS completed the acquisition of the troubled Credit Suisse through a deal constructed by the Swiss government. This … Continued

Last week, the Major Markets saw gains follow the largest sell-off for the S&P 500 in over a year.

Gains in all five indices exceeded a percentage point with the Dow Jones and the Nasdaq vying for the top position with just over two percentage point gains, returning the year-to-date Small Cap Value style box to positive territory last week.

Tech Tumbles: Nasdaq Falls as AI Disrupts Markets: tech sector pulled back, driven by news of China’s new AI platform, DeepSeek.

Major markets surged as Powell’s speech hints at rate cuts. Mid-cap stocks outperformed, while a big job revision added to economic shifts.