29.09.202613:36:19UTC+00US Stocks Waver

US stocks were mixed on Tuesday, with the S&P 500 hovering near the flatline, the Dow Jones slipping about 120 points, and the Nasdaq edging up 0.2%, as artificial intelligence remained a central focus for investors. Markets are closely watching the outcome of a lunch meeting between US President Trump and industry leaders on AI safety risks, as well as any signals on the sector’s outlook from OpenAI’s DevDay event taking place today. Sentiment was also aided by optimism around a potential Anthropic IPO, which could value the company at more than $2 trillion despite a projected net loss of $42 billion in 2025.

At the same time, the lack of progress in the Middle East, choppy oil prices, and Treasury yields holding near multi-year highs weighed on equities. Industrials and technology shares outperformed, while energy stocks lagged. Among notable movers, Nvidia (0.7%), Amazon (0.4%), Broadcom (2.4%), Meta (1.5%), and Micron (1%) advanced, whereas Apple (-1.3%), Microsoft (-0.2%), and Tesla (-1.5%) declined, and Alphabet traded largely unchanged.