Stock futures fell in early Monday trading. The drop came after chief executives of top AI labs called for a slowdown the technology's development due to safety concerns. The warning sent AI-related stocks sliding across Asia. U.S. tech futures also fell. Oil prices gained as investors evaluated the market shift. Several major bearish factors are putting pressure on global markets ahead of the open.
Sources & References
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Tech Futures Fall; AI Leaders' Call For Slowdown Hits These Stocks - Investor's Business Daily
Tech Futures Fall; AI Leaders' Call For Slowdown Hits These Stocks Investor's Business Daily
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Stock Market: Will S&P 500 Open Up or Down Today? - Yahoo Finance
Stock Market: Will S&P 500 Open Up or Down Today? Yahoo Finance
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Major negative factors are intensifying, can the A-share market turn positive today? - 36 Kr
Major negative factors are intensifying, can the A-share market turn positive today? 36 Kr
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Why is SoftBank stock tumbling today? - Investing.com
Why is SoftBank stock tumbling today? Investing.com
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Macquarie downgrades SGX, says improvement in stock market liquidity already 'priced in' - The Edge Singapore
Macquarie downgrades SGX, says improvement in stock market liquidity already 'priced in' The Edge Singapore