Microsoft tries to limit the AI damage -Nasdaq 100 still opens in the red

Ahead of the US stock market opening the US tech giant, Microsoft let it be known to the markets that they are working on a new AI code of conduct that will avoid the development of code which will evade human oversight. Well, as we can say on that right now, is Good Luck. Besides it is has to be remembered; Microsoft are not the only actors in this game. 

So, that new did help to push the Nasdaq 100 futures off session lows ahead of the opening, but the index has nevertheless still resumed live trading markedly in the red this afternoon. Prior to the opening it was priced to kick off as low as 28,800. We do not yet have an exact opening call, but it was not as low as that. It was still south of 28,900 by the looks of it. The index is right now trading at 28,885