Stocks fell broadly on Friday, as traders pared their bets on artificial intelligence in an increasingly uncertain market for tech. The S&P 500 and the Nasdaq Composite each ended the week lower, after posting two weeks of gains.

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Major stock indexes fell Friday as technology shares remained under pressure on AI bubble fears. The tech-heavy Nasdaq sank, and the S&P 500 and Dow Jones Industrial Average pulled back from records.

U.S. stock futures swung between gains and losses on Friday after Thursday’s mixed close. Futures of major benchmark indices were mixed.

Dow, S&P 500, Nasdaq on pause as all eyes on Fed verdict — a likely rate cut: Stocks paused today as the Dow hit 47,655.93. The S&P 500 inched to 6,841.36. The Nasdaq slipped to 23,527.45. Markets priced a 90% chance of a Fed rate cut.

Shares of Tapestry Inc. rallied 4.89% to $123.49 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.21% to 6,901.00 and the Dow Jones Industrial Average rising 1.

The Dow and S&P 500 set new records as Oracle’s AI-related sell-off dragged the Nasdaq, while bank and pharma gains helped steady the market.

Stock Market Today: The Dow Jones index turned lower Friday, and AI stocks faltered as Broadcom stock plunged on earnings.