Futures for major US stock indexes have fallen, with the S&P 500 dropping 0.7% and the Dow Jones Industrial Average declining 0.2%. The tech-heavy Nasdaq slid 1.6%. This comes as calls grow for a slowdown in artificial intelligence development.

Oil and gasoline prices are climbing due to intensified military activity by the Houthis, an Iranian proxy, at a key energy transit point in the Middle East.

OpenAI's CEO has expressed support for slowing down AI development to ensure safety, and the company will not pursue an initial public stock offering this year. Further details on these developments are available.