Nasdaq, S&P 500 look to chip away at losses after DeepSeek-inspired tech rout

The Nasdaq and S&P 500 wavered on Tuesday, following a steep stock sell-off spurred by concerns of over-confidence in Big Tech’s potential payoff from investments in AI. Investors also assessed a return to a tougher tone on tariffs from President Donald Trump, ahead of the start of a Federal Reserve meeting where the impact of his policies is likely to be discussed. The tech-heavy Nasdaq Composite (^IXIC) gave up early session gains to fall 0.2%, coming off a closing loss of over 3%. The S&P 500 (^GSPC) fell slightly, while the Dow Jones Industrial Average (^DJI) hovered near the flat…