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Christian Klein, head of German software giant SAP, says Europe risks falling behind the U.S. and China if it ends up overregulating the AI sector.

(Bloomberg) -- US stock futures ticked lower after the S&P 500 finished with its 41st record close this year. Treasuries and the dollar steadied. Most Read from BloombergEric Adams' Vanishing Promise to Fix NYC's 'Unfair' Property TaxesWaiting for the Miracle of Church-to-Housing DevelopmentUnlocking the Hidden Power of Zoning, for Good or BadExclusive Palo Alto Girls School Borrows $106 MillionNY’s MTA Warns Against Borrowing More Than $13 BillionContracts on the S&P 500 pointed to a drop of 0.