U.S. Futures Rise as AI Safety Plan Takes Center Stage Amid Yemen Conflict
U.S. stock futures pointed higher at the start of the new trading week as investors focused on the latest developments in artificial intelligence and oil prices.
The Houthis and Saudi-aligned forces clashed in Yemen over control of the Bab el-Mandeb Strait, a critical shipping route for oil exports. Despite concerns about supply disruptions, oil prices dipped due to improved flows out of the Middle East.
U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng discussed creating an AI safety notification mechanism during their talks on Sunday. The plan aims to address national security threats posed by rapid advancements in AI technology.