Retail Is 'Skipping The Dip': High-Flyers Hammered Amid AI Angst, Shutdown Shenanigans

The background for the market is on an increasingly unstable footing - AI unease (Kimi, Friar, Altman, Huang), labor market softening, tariff hearings, data vacuum, private credit concerns, hawkish FedSpeak, etc.

All the majors were down on the week, with Nasdaq underperforming. Despite this afternoon's bounce this was still Nasdaq's worst week since the post Liberation Day plunge in early April...