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S&P 500 falls as AI worries hit software makers

The S&P 500 ended lower on Tuesday, with Salesforce and other software makers losing ground, while hostilities in the Middle East lifted oil prices and investors awaited inflation data that could affect the chance of an interest rate hike.

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人工智能担忧冲击软件制造商,标普500指数下跌

The S&P 500 declined 0.58% to end the session at 7,673.52 points. The Nasdaq dipped 0.32% to 26,421.41 points, while the Dow declined 1.18% to 52,786.07 points. — Reuters

NEW YORK: The S&P 500 ended lower on Tuesday, with Salesforce and other software makers losing ground, while hostilities in the Middle East lifted oil prices and investors awaited inflation data that could affect the chance of an interest rate hike.

Salesforce and Intuit fell about 4%, while ServiceNow lost 5%. OpenAI's launch last week of its newest model, GPT-6 Astra, reignited speculation that AI could compete with services now offered by specialised software companies.

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