The stock market plunge has more to do with the emergence this year of China’s DeepSeek artificial intelligence tool than ...
Meanwhile, Bessent also told Carlson the administration retains a "strong dollar" policy and dismissed assertions by some ...
Scott Bessent defends Trump tariffs as markets plunge, shifting blame to DeepSeek and MAG-7 tech stock losses. As the S&P 500 ...
In an astonishing interview, U.S. Treasury Secretary Scott Bessent blamed the stock market plunge on China's DeepSeek versus President Trump's tariffs.
Treasury Secretary Scott Bessent gave a flip answer to stock-market ... What I would point out is that, especially the Nasdaq, peaked on DeepSeek day," he said, referring to the low-cost Chinese ...
Wall Street's decline blamed on tech stocks, not Trump's tariffs. Treasury Secretary Scott Bessent says reassessment of AI valuations triggered selloff.
Tech equities led the Nasdaq Composite (^ IXIC) down as much as 5% in its second consecutive sell-off after China announced ...
“What I would point out is that the Nasdaq peaked on DeepSeek day,” Treasury Secretary Scott Bessent told Bloomberg TV on Wednesday. “So that is a MAG-7 problem, not a MAGA problem.
(Reuters) - The stock market plunge has more to do with the surprise emergence of China's DeepSeek artificial intelligence ...
April 4 (Reuters) - The stock market plunge has more to do with the surprise emergence of China's DeepSeek artificial ... U.S. Treasury Secretary Scott Bessent said in an interview with Tucker ...