US stocks fell on Friday as selling pressure spread from AI-related trades to broader market sectors. The Dow Jones Industrial Average declined 652.82 points, or 1.23%, to 52,215.16, with a weekly gain of 0.41%. The S&P 500 dropped 39.75 points, or 0.52%, to 7,623.68, down 0.47% for the week. The Nasdaq Composite fell 53.51 points, or 0.21%, to 25,955.34, posting a weekly decline of 0.71%, according to Sina Finance. Most major technology stocks declined, with Google falling over 1%, and Amazon and Meta each dropping nearly 1%. SpaceX rose over 1%, while storage sector shares advanced, with SK Hynix up over 4% and Micron Technology gaining over 2%. Oil and gas stocks surged, with Chevron, ExxonMobil, and Shell each rising over 2%. Defensive sectors came under pressure, with consumer staples, utilities, and healthcare all declining. Dow component American Express fell over 3% after announcing plans to cut approximately 5% of its global workforce, citing the need to prepare for AI. Caterpillar dropped about 2%, and Goldman Sachs declined over 1%, further weighing on the Dow. Over the past two weeks, investors have been pulling out of tech stocks and data center beneficiaries, shifting toward safe assets, said Jed Ellerbroek, portfolio manager at Argent Capital Management. Ellerbroek added that tech company earnings this quarter have proven strong, giving investors reason to embrace tech stocks and reduce sentiment-driven de-risking. The 10-year Treasury yield stood at approximately 4.999%, rising over 4 basis points on the day. Oil prices rose further, pressuring equities. December WTI crude futures gained 3.80 to settle at 103.27 per barrel, up 3.82%, while December Brent crude climbed 3.55 to 116.72 per barrel, up 3.14%. Reports indicated that the United States and Israel may be developing plans for another strike on Iran, as part of a regional conflict that began in late February. Iran stated it was also prepared to retaliate.