Stock market today: Dow, S&P 500, and Nasdaq slip after sharp tech sell-off

US stocks declined on Friday as worries over the AI trade lingered, following a steep sell-off in Tech (XLK) that triggered a flight to bonds. The Dow Jones Industrial Average (^DJI) fell 1%, while those for the S&P 500 (^GSPC) dropped 0.4%. The Nasdaq Composite (^IXIC) decreased 0.3% after semiconductors and Big Tech sold off on Thursday.The 10-year Treasury (^TNX) yield held below the 5% threshold as investors flocked to bonds. The AI trade sank on Thursday as concerns over rising financing costs and a potential slowdown in capex weighed on already-battered neocloud stocks like CoreWeave (CRWV). AI chip giants Nvidia (NVDA) and AMD (SPCX) also retreated, along with other infrastructure plays.Shares of this week's earnings headliners, SpaceX (SPCX), Tesla (TSLA), and Meta (META), stabilized in premarket trading on Friday after declining in the previous session.Oil prices remained near a five-month high amid fears of escalating tensions in the Middle East, with Brent crude (BZ=F) hovering near $110 per barrel and West Texas Intermediate crude (CL=F) climbing to near $101 per barrel.