Finance

Large-cap technology shares experienced significant downward pressure, dragging the Nasdaq Composite lower at the close of the week. High-profile semiconductor and artificial intelligence stocks bore the brunt of the sell-off as market participants recalibrated expectations for corporate earnings amid macroeconomic headwinds.

U.S. government bond yields dropped significantly after the release of the lackluster nonfarm payrolls data. The flight to safety drove bond prices higher, reflecting growing market consensus that economic cooling could necessitate aggressive policy easing.

Global energy markets saw crude benchmarks contract to multi-month lows as slowdown anxieties gripped commodities trading. Weakening industrial demand signals from major global economies outweighed compliance measures and supply constraints, pressuring oil futures lower.