Nasdaq-100 turned lower, erasing earlier gains of up to 0.5%.

Lululemon (LULU.O) shares fell as much as 20%, hitting their lowest level since May 2018.

Financial Times says ANTHROPIC is finalizing MORGAN STANLEY and Goldman Sachs for key roles in its IPO, with filings possibly as soon as next week. MORGAN STANLEY is leading as left lead underwriter and strategic IPO adviser; Goldman Sachs is expected to act as stabilization agent. JP Morgan, CITIGROUP and BARCLAYS are also likely to participate. ANTHROPIC aims to list in New York in late September or early October; the deal will test investor demand for fast-growing AI companies.