ASX 200 flat with data centres, energy stocks pummelled
Seesaw day on the ASX following heavy falls across US tech stocks. Investors spooked following emergence of low-cost Chinese generative AI model DeepSeek. Goodman, NEXTDC, DigiCo, uranium stocks, Nuix fall hard.
The ASX 200 ends down 0.1 per cent to 8399.1 points after Nvidia led a sharp fall in the US tech sector but most stocks in the S&P 500 rose.
Nvidia, data centres and energy plays were hit by the emergence of a low-cost Chinese generative AI model that could threaten US dominance in the industry.
Cryptocurrency market leader bitcoin is trading above $US102,000.
The Aussie dollar is trading around US62.50c.
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ASX 200 trims falls as Trump, Asian markets await China response
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