Stock futures fall as investors weigh calls for AI slowdown, oil gains: Live updates

Live updates

1. 2h ago

   US Stocks Fall as Treasury Yields and Oil Prices Rise

   US stock markets declined on Tuesday as rising oil prices and Treasury yields weighed on investor sentiment ahead of the Federal Reserve rate decision. The Dow Jones fell 1%, the Nasdaq declined 0.6%, and the S&P 500 dropped 0.4%, while the 10-year Treasury yield climbed to 5.01%. At the same time, ARK Invest founder Cathie Wood supported slowing artificial intelligence advances at the frontier to allow safety measures to catch up, though she dismissed human extinction fears as ridiculous. Meanwhile, copper held steady near $14,000 following warehouse inflows that flipped the market into contango.

   Why it matters

   Market participants are balancing macroeconomic pressures, including climbing bond yields and energy costs, alongside ongoing debates among technology leaders regarding the pace of artificial intelligence development. The Federal Reserve interest rate decision remains a central focus for traders navigating mixed signals from global commodities and equities. Industrial metals like copper are reacting to shifting warehouse inventories and mixed economic data from China.

   What is confirmed

   • The 10-year Treasury yield rose to 5.01% on Tuesday.
   • The S&P 500 dropped 0.4%, the Dow fell 1%, and the Nasdaq declined 0.6%.
   • ARK Invest founder Cathie Wood called warnings that artificial intelligence could wipe out humanity ridiculous while welcoming safety pauses.
   • Copper held steady near $14,000 after warehouse inflows flipped the market into contango.

   Still unconfirmed

   • Cathie Wood expects President Donald Trump to take specific actions regarding the technology sector.

   What to watch next

   • The upcoming Federal Reserve rate decision
   • Further inventory changes and spreads in the copper market
   Sources used for this update (5)

   1. economictimes.indiatimes.com — HSBC stock price
   2. finance.yahoo.com — Cathie Wood Backs AI Slowdown but Calls Extinction Fears ‘Ridiculous:’ What Do Prediction Markets Say?
   3. economictimes.indiatimes.com — Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: US stocks fall as oil price, Treasury yields rise ahead of Fed rate decision
   4. www.briefs.co — Copper steadies near $14,000 as fresh stock hits warehouses and squeeze cools
   5. www.briefs.co — Copper steadies as traders watch inventories, spreads and the Fed
   confidence 95%
2. 23h ago

   US Stock Futures Fall Amid AI Slowdown Warnings and Rising Oil Prices

   US stock futures declined Tuesday as investors reacted to calls from AI leaders to pause or slow development due to safety concerns. The sell-off hit chipmakers and data center-linked companies, with Nvidia dropping 3.2% and SoftBank shares sliding 13%. Simultaneously, oil prices rose, with Brent crude climbing above $108 after Saudi Arabia closed a pipeline. While chip stocks sank, software companies like Adobe and ServiceNow saw gains as investors reassessed the AI sector. Tech CEOs remain divided on whether a slowdown is necessary or a threat to progress.

   Why it matters

   The tension centers on a 3,800 word warning from Anthropic CEO Dario Amodei regarding the pace of the AI frontier. This debate pits safety advocates against companies like Nvidia and Broadcom, who dismiss the threat of a slowdown. The market volatility reflects investor anxiety over the sustainability of the massive data center buildout.

   What is confirmed

   • SoftBank shares fell 13% following safety warnings from AI executives.
   • Brent crude oil prices rose above $108.
   • Nvidia shares dropped 3.2% amid fears of a slowdown in AI model development.
   • Saudi Arabia closed a pipeline, contributing to rising oil prices.
   • Anthropic CEO Dario Amodei published a 3,800 word warning about the AI frontier.

   Still unconfirmed

   • Analysts doubt an AI market crash is imminent despite the current sink in chip stocks.
   • Elon Musk is calling for a peer review system for AI development.

   What to watch next

   • Official responses from Nvidia and Broadcom regarding the proposed development pause
   • Further updates on the status of the closed Saudi Arabian pipeline
   • Market reaction to any formal adoption of a peer review system for AI safety
   Sources used for this update (19)

   1. darioamodei.com — We Must Pace the Frontier
   2. cnbc.com — Stock futures fall as investors weigh AI safety concerns, oil gains: Live updates
   3. Bloomberg.com — US Stock Futures Fall on AI Warning, Oil Gains: Markets Wrap
   4. Bloomberg.com — SoftBank Shares Slide 13% After AI Chiefs Sound Alarm on Safety
   5. MarketWatch — Stock Market Today: Dow, S&P 500 and Nasdaq set to decline on proposed AI development pause as oil prices rise after Saudi Arabia closes pipeline
   6. WSJ — Stock Market Today: Dow Futures Slip, Brent Climbs — Live Updates
   7. Yahoo Finance — AI stocks get drilled because of Anthropic CEO Dario Amodei's 3,800 word warning
   8. The New York Times — Tech Stocks Shudder in Response to Calls to Slow A.I. Progress
   9. BBC — Tech stocks fall after calls for AI development to slow down
   10. Financial Times — Tech stocks fall after big AI groups call for slowdown
   11. Bloomberg.com — The Singularity Has Been Delayed. What Now?
   12. The Washington Post — They raced to build AI. Now they say it’s going too fast.
   confidence 95%