US Stock Market's Three Major Indexes Open Lower, NVIDIA Plunges 12%

BlockBeats News, January 27, US stock market opened lower, with the three major indices opening down, the Dow Jones fell 0.8%, the S&P 500 Index fell 2.2%, and the Nasdaq fell 3.6%.

DeepSeek sparked chip stock valuation concerns, semiconductor stocks tumbled significantly, with NVIDIA (NVDA.O) plunging 12%, Broadcom (AVGO.O) falling 13%, TSMC (TSM.N) declining 10%, and ASML (ASML.O) dropping 7% (FXStreet).