Dow Jones futures and the other major stock indexes traded mixed Friday, as Wall Street faced new artificial intelligence concerns. AI leader Broadcom AVGO was one reason why, as shares fell after reporting earnings. Meanwhile, retailer Lululemon Athletica LULU made big gains on the stock market today.

Stock futures were mixed Friday, with the Dow Jones Industrial Average ticking higher and the S&P 500 slipping after each set a closing record, while the Nasdaq pointed sharply lower as tech shares continued to decline on AI bubble fears.

U.S. stock futures dropped on Thursday after Wednesday’s advances. Futures of major benchmark indices were lower. The Federal Reserve delivered a 25 basis points cut on Wednesday, bringing the rates down to 3.

The Dow Jones and Russell 2000 hit record highs while the Nasdaq slashed early losses. Broadcom sees AI chip sales doubling.

The three main U.S. stock-market indexes were at session highs going into the final hour of trading Thursday. While the Dow Jones Industrial Average has been outperforming today and is on pace to close at a new record,

U.S. stock futures swung between gains and losses on Friday after Thursday’s mixed close. Futures of major benchmark indices were mixed.

At least eight of the 30 Dow Jones components rose three points or more. They included Visa V, Goldman Sachs GS and American Express AXP. Paint giant Sherwin-Williams SHW ramped up more than four points, nearly 2%, following the Federal Reserve's decision to trim interest rates.