On Tuesday the U.S. stock markets moved in a mixed fashion. At the close in New York, the Dow Jones Industrial Average was calculated at 49,533 points, up 0.1 % from the previous trading day. A few minutes earlier, the broader S&P 500 was at around 6,843 points, also up 0.1 %. The Nasdaq 100, however, was at about 24,702 points, down 0.1 %.
Artificial‑intelligence concerns continued to influence the market that day. While earlier skeptics feared a bubble that could prevent language‑model providers from delivering on promises of increased productivity, the current focus has shifted to a scenario in which AI succeeds. In that situation, programmers and software vendors could be displaced by AI systems, with noticeable consequences for companies heavily dependent on those sectors.
The euro remained largely unchanged into the evening. One euro was worth 1.1852 U.S. dollars, meaning one dollar could purchase 0.8437 euros.
Gold slipped sharply before closing. By the evening, one troy ounce fetched 4,880 U.S. dollars, a decline of 2.3 % since the previous day’s close, equating to 132.38 euros per gram.
Oil prices tumbled as well. At about 22:00 German time, a barrel of North Sea Brent traded at 67.34 U.S. dollars-down 1.9 % from the previous day’s closing price.
