Stocks Mixed as Oil Eases, AI in Focus, More
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News when you want it with Bloomberg News Now. I'm Karen Moscow and stocks they are mixed at the open. Treasuries are moving lower. This is oil prices are easing. It comes ahead of this week's first labor data. and a string of artificial intelligence events. Taking a look at the S&P 500, it's up a tenth of a percent. The Dow Jones Industrial Average is down a tenth of a percent, and the Nasdaq up three-tenths of a percent. Ten-year Treasury down 230 seconds. The yield 5.24%. Oil is edging lower as top exporter Saudi Arabia resume flows through a key pipeline, overshadowing a stalemate in U.S. Iran talks. Taking a look at NYMEX crude oil, it's down more than 2% at $90.49 a barrel. Brent at $103.23. AI is in focus today with several events scheduled.
House Speaker Mike Johnson says he hopes today's lunch with AI executives will lead to an agreement and voluntary steps aimed at limiting the risks of artificial intelligence. Johnson made the comments this morning in an interview with CNBC. He spoke ahead of the rollout of America.gov. That's the website that will use AI to help people navigate the federal government. Begin more with Bloomberg's Tyler
Kendall. We're expecting a range of tech leaders to be here today, including Elon Musk, NVIDIA's Jensen Wang and Anthropic co-founder Tom Brown. They will then move into this private luncheon later today at the White House. Other executives expected to join, including Mark Zuckerberg, as well as House Speaker Mike Johnson, as Washington really grapples with what to do next here. And we saw this flurry of legislation in the last few weeks related to testing and also disclosure of risks. So we should say at this point, there is really no expectation here in Washington that lawmakers are going to get anything done, at least anytime soon.
And that's Bloomberg's Tyler Kendall. Well, OpenAI is holding back a version of its Astra artificial intelligence model after it failed to perform as well on safety evaluations. We get more with Bloomberg's Ed Ludlow.
The release of GPT-6.1 Astra has been scrapped. What happened was OpenAI went through internal evaluation and testing of the model to see how it works and how it behaved. And the result of that was that the model was, quote, not staying within scope and authorization. In very simple terms, the model wouldn't reliably do what OpenAI had given it permission to do. And so on safety grounds, they won't release it.
And as Bloomberg's Ed Ludlow, OpenAI has reported a series of security incidents in which its AI agents have breached outside systems, adding to broader concerns about AI slipping out of human control. The company said last week that it was pausing training on its most capable models after another AI model accessed the internet when it was supposed to be unable to do so. Health and fitness ringmaker Aura became the latest company to delay a U.S. initial public offering. It cited uncertainty in the market for a first-time share sales. Three news outlets that President Trump banished from White House grounds this month asked a federal court to block the action until the case is resolved. They say the administration has, quote, persisted in unpredictability and inconsistently implementing its ban despite a judge's restraining order, including selectively keeping CNN from participating in White House pool duties.
In a filing late Monday, lawyers for CNN, MSNOW and Politico wrote the White House's words and actions leave little doubt that it will immediately reinstitute a complete ban of the news outlets if allowed the opportunity.
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