Oil rises while 10-year Treasury yield tops 5%
The Nasdaq fell and the 10-year Treasury yield topped 5% amid a global selloff in AI-related stocks.
The Nasdaq fell and the 10-year Treasury yield topped 5% as a global selloff in artificial intelligence stocks followed calls from industry leaders for a uniform slowdown in AI development. Equity markets moved lower after a weekend essay by Dario Amodei in which the Anthropic…