Market news: Anthropic plans to include Citi as a lead underwriter in its major IPO.

Due to rising oil prices and increases in U.S. benchmark Treasury yields, investors are betting that U.S. Treasury measures to curb borrowing costs may only provide temporary relief. Asian stock markets are expected to follow U.S. equities lower. Even though the U.S. Treasury may expand its long-term bond buyback program and is about to introduce a new fiscal plan, the yield on 30-year U.S. Treasuries continues to rise. The S&P 500 closed down 0.9%, with Walmart experiencing its largest share p

According to filings with the U.S. Securities and Exchange Commission, Sean Lie, an executive at artificial intelligence company Cerebras (CBRS.US), plans to sell company shares worth $153.19 million.

In late trading on Thursday, August 20, in New York, spot gold closed up 0.08% at $4,519.36 per ounce, after experiencing a V-shaped movement throughout the day. Spot silver closed up 1.16% at $68.0944 per ounce. COMEX copper futures closed down 0.17% at $6.5840 per pound. Note: There was no obvious divergence within the precious metals sector that day; gold experienced relatively small fluctuations, while silver showed a relatively strong trend, and copper, with its strong industrial attribute

Spot platinum just broke through the $1,830.00/oz mark, now quoted at $1,829.79/oz, up 0.64% on the day; the main Nymex platinum futures contract is quoted at $1,841.0/oz, up 1.68% today.