Benchmark Yield Hits 5%. How Will Stocks Respond To A Fed Rate Hike?

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The 10-year Treasury yield touched 5% Monday for the first time since October 2023, as investors grow more convinced that the Federal Reserve will hike the benchmark rate this week. Those expectations are one reason stocks have weakened over the past month. Will the stock market continue to fall if the Fed raises interest rates? History shows stocks typically fall… Copyright 2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8 🔥 EXCLUSIVE PARTNER OFFER Ordinateur portable N5095 15,6 pouces, 8 Go + 256 Go, Windows 11 Intel Celeron N5095 Quad Core, prise en charge du déverrouillage par empreinte digitale, prise britannique (argent) 237 🔥 Limited time offer! Grab your favorite item at an incredible price. Quality guaranteed! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original...

China says AI CEOs' call for a slowdown is 'fear mongering'

BEIJING China on Monday pushed back on calls by U.S. AI executives for companies to slow down the development of the cutting-edge technology. "Fear mongering, confrontation, competition will just disrupt [the] process of global AI governance," Guo Jiakun, a spokesperson for China's Foreign Ministry, said on Monday, per an English translation published by Reuters. He was responding to a question about U.S. CEOs, including Anthropic's Dario Amodei, OpenAI's Sam Altman and Elon Musk, calling for the industry to slow down because of the dangers rapid advances in the technology pose. China's Minister of State Security, Chen Yixin, published an article on Sunday calling for the acceleration of construction of an AI security risk prevention and control system. The field of AI has become "the main battleground for global technological competition and a new arena for strategic rivalry among major powers," the minister said, adding there was a need for "healthy and orderly" development of the technology. AI-related stocks slumped on Monday , with SoftBank one of the biggest investors in OpenAI down 10% in Japan. "Not building the technology deprives humanity of benefits or simply places AI in the hands of authoritarian powers, while building it too fast is reckless," Amodei said in an essay published on Saturday. He noted, however, that pacing would be limited by the lead that U.S. companies have over "authoritarian regimes, chiefly the Chinese Communist Party." "If we slow down by more than this amount, then (unpaced) CCP-associated projects will pull ahead, creating significant national security risk," Amodei said. U.S. President Donald Trump also warned against the U.S. losing any strategic advantage in the AI arms race. During a trip to Ireland, he rejected the AI bosses' calls , saying, "Look, we're leading China in AI... and, frankly I want to keep it that way because whoever wins AI, wins." At the weekend, President Xi Jinping said at the BRICS bloc summit in New Delhi that China will take the lead to help foster AI collaboration and development among developing countries. Adoption of Chinese AI models is also gaining traction among Western companies as the capability have improved .

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