Stock Market Today: Dow, S&P 500, Nasdaq Futures Fall After OpenAI, Anthropic’s Appeals Rattle AI Trade —

U.S. stocks look set for a negative open on Monday, with futures for the Dow Jones, S&P 500, and Nasdaq Composite declining after closing in the green on Friday.

Anthropic CEO Dario Amodei on Sunday expressed significant concerns over China’s role in the global AI landscape, while describing the country as the "toughest dilemma" in his proposal to decelerate AI progress.

Amodei published an essay on Saturday urging AI companies to slow advancements, following warnings from researchers about potential catastrophic risks. OpenAI CEO Sam Altman expressed support for Amodei’s essay, emphasizing the need to "pace the frontier." He said OpenAI has also decided to delay its IPO plans for 2026 due to unresolved safety concerns and alignment challenges.

Meanwhile, the 10-year Treasury bond yielded 4.963%, and the 30-year bond was at 5.35%, while the two-year yields stood at 4.626%. The CME Group’s FedWatch tool’s projections show markets pricing in an 88.5% likelihood of the Federal Reserve hiking the current interest rates during its September meeting.

Index Performance (+/-)