JP Morgan CEO Jamie Dimon said on Tuesday that Anthropic's Mythos AI model has increased global cybersecurity risk tenfold, creating previously unknown vulnerabilities and exposing banks to new or undiscovered attack vectors. Dimon called the concern legitimate but declined to engage in debates over AI as an existential threat, urging a pragmatic, hands-on approach to mitigation.

Brent crude futures settled at $100.58/bbl, up $0.26, or 0.26%.

Germany factory orders fell 10.6% MoM in August, the largest drop since January, after a 3.2% rise in July and versus economists' -1% forecast. The decline was driven by a fall in large orders; excluding those, overall demand slipped only 0.1%. On a three-month smoothed basis, demand still rose 1.3%. The figures cast fresh doubt on the industrial recovery after earlier data—despite inflation pressure from the Middle East conflict—prompted major German research institutes to lift this year’s growth forecast to 1.3%.