Nasdaq Leads US Stocks Lower as AI Development Debate Weighs on Technology Sector Dow Jones, S&P, Wall Street

Image for article Nasdaq Leads US Stocks Lower as AI Development Debate Weighs on Technology Sector Dow Jones, S&P, Wall Street
News Source : Advfn.com

News Summary

  • Brent crude futures briefly moved above $108 a barrel on Monday after also recording gains during the previous week.
  • Oil prices also rose after a planned meeting between Iran and Gulf states was postponed, reducing expectations of near-term progress on reopening the Strait of Hormuz.
  • Etsy Shares Rise 2.9% as Oppenheimer Upgrades Stock to Outperform.
US stocks opened lower on Monday, led by declines in technology shares after several artificial intelligence industry executives called for a slowdown in the development of advanced AI models.

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