We're downgrading this retail stock after a big comeback. Plus, AI names slide again

US markets sold off on Friday as the week closed out with broad losses, with the tech-heavy Nasdaq down about 2.2% and the S&P 500 off roughly 1.2%. The Dow fell about 300 points, or 0.6%, with WTI crude rising back to $100 a barrel and Treasury yields ticking higher. Investors also remained cautious toward AI-linked technology and infrastructure stocks, citing the cost of capital for data-center buildouts and slower revenue growth at Anthropic. The iShares Semiconductor ETF (SOXX) dropped another 3% and is down about 15% since Oct. 5. The CNBC Investing Club said it won’t add to major SOXX holdings like Intel, Nvidia, Micron and Broadcom yet, while continuing to watch for “too extreme” bearish levels.