Data compiled by Woofun AI shows that US equity markets closed lower on Friday, with the Dow Jones Industrial Average declining by 0.98%, the S&P 500 falling by 1.21%, and the Nasdaq Composite dropping by 1.34%.

Concurrently, the CBOE Volatility Index (VIX) spiked by 12.37%, reflecting a sharp increase in market anxiety.

This broad-based selloff heavily impacted the artificial intelligence sector. EPAM Systems led the declines with a drop of 6.03%, followed by ServiceNow at 5.77%, Accenture at 5.75%, Meta Platforms at 5.44%, and Adobe Systems at 5.33%. The coordinated retreat among major tech names suggests investors are rotating out of high-beta growth assets amid rising volatility.