U.S. Futures Stall as Yields and AI Concerns Weigh

U.S. stock index futures were nearly flat Monday evening, with S&P 500 futures down 0.08% at 7,740.25 points. Dow futures lost 0.08% to 51,796.0, while Nasdaq 100 futures slipped 0.05% to 30,548.0.

Soaring yields and worries about slowing AI development weighed on Wall Street. Investors were also cautious ahead of key economic reports and Federal Reserve commentary, amid growing anxiety about higher interest rates.

OpenAI added pressure after reports said it had halted training of new models and scrapped plans to release a model in the coming days. Those reports weighed on chipmakers and data center companies as investors worried slower AI progress could reduce demand for chips and computing capacity.

Goldman Sachs also drew attention after The Wall Street Journal reported the bank’s board discussed a plan for CEO David Solomon to step down and be replaced by operating officer John Waldron as soon as 2027.

Concerns about Iran added to caution after President Donald Trump denied a report that he had offered concessions to Iran for a nuclear deal.