US stock futures steady as bond yields rise and AI concerns weigh on markets

US stock futures were stable late Monday after rising bond yields and concerns about slowing artificial intelligence development weighed on Wall Street. Futures for the S&P 500, Dow Jones, and Nasdaq 100 each declined slightly, with the 10-year Treasury yield remaining above 5.2%, near levels last seen in 2007. Reports that OpenAI suspended training of new models and abandoned plans for a near-term launch fueled fears of reduced demand for chips and computing capacity, pressuring tech stocks. Investors are also awaiting key labor market data and Federal Reserve speeches this week, following a September rate hike and hawkish outlook. Geopolitical tensions with Iran persisted after President Donald Trump denied a report he offered sanctions relief in exchange for nuclear assurances. Traders are watching for further economic indicators and Fed comments to gauge the path of interest rates.