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US stocks today: Nasdaq falls at open as DeepSeek’s AI chip push rattles markets

US stocks today: Nasdaq falls at open as DeepSeek’s AI chip push rattles markets
  • PublishedJuly 7, 2026



The Nasdaq opened lower on Tuesday amid declining chip stocks, with investors questioning ‌the momentum of ⁠the ⁠AI-led rally despite Samsung’s strong earnings, while a report on China’s DeepSeek making its own ⁠AI chip ‌also hit sentiment.

The Dow Jones ⁠Industrial Average rose 48.1 points, or 0.09%, at the open to 53104.06. The S&P 500 fell 20.8 points, or ‌0.28%, at the open to 7516.63, while ⁠the Nasdaq Composite dropped 161.0 points, or 0.62%, to 25960.13 at the opening bell.



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