00:00Wall Street ended down on Monday, weighed down by losses in NVIDIA and other chipmakers after top executives in U
00:08.S. artificial intelligence companies raised safety concerns and called for a slowdown in the development of AI.
00:14Investors were also G3 after the benchmark 10-year Treasury yield briefly surpassed 5% for the first time since
00:222023 ahead of this week's Federal Reserve meeting. The U.S. central bank is widely expected to raise interest rates.
00:32The S&P 500 lost 36.93 points to end at 7,620.05 points, while the Nasdaq Composite lost
00:42145.25 points to 26,187.79. The Dow Jones Industrial Average fell 151.66 points to 52,421.63.
00:56AI-linked stocks plunged worldwide after leaders of Anthropik, OpenAI and XAI warned of risks from rapid development and starkest
01:07threat yet to the billions of dollars being poured into the industry that have driven markets to record highs.
01:14Shares of NVIDIA declined 3.4% while Micron Technology dropped by 5%. Broadcom and Advanced Micro devices each fell
01:23over 4%.
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