US stocks move amid bond yield rise
On Wednesday, U.S. stocks were slightly affected by rising long-term Treasury yields, which reached their highest level since 2002 at 5.62%, increasing pressure on the markets. This coincided with a slowdown in consumer confidence and the labor market, as investors focused on developments in artificial intelligence, especially following the leak of a draft valuation for "Anthropic" at two trillion dollars and warnings of existential risks. Meanwhile, OpenAI delayed the launch of its flagship model for security reasons. Oil prices also declined to around $96 per barrel amid Saudi Arabia resuming exports and heightened tensions between Washington and Tehran. Markets are also awaiting corporate earnings reports and U.S. employment data.
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