US stock indexes open lower on Monday, with investors reacting to several shifting macro and technology-related concerns. The Nasdaq is down about 1.19% and the S&P 500 is down about 0.59% at the open, according to NDTV.
NDTV attributes the early declines to a combination of factors. It cites rising oil prices that increase costs and risk dampening growth, along with heightened expectations that the Federal Reserve may pursue further rate hikes. The outlet also points to concerns tied to artificial intelligence, including issues framed around AI safety, which it says contribute to softer investor sentiment.