U.S. Market Selloff, AI Investment Concerns, and Energy Sector Gains

CNBC's Peter Schacknow reports on a down day for U.S. stocks, wrapping a mostly lower week marked by rising oil prices, higher interest rates, and concerns about AI investments. The segment reviews index performance, expert perspectives on whether the pullback is routine, and notable moves in energy and telecom shares.

■ Major index performance
- Dow, S&P 500, and Nasdaq closing levels and weekly moves
- Dow's largest daily drop since Aug. 20; Nasdaq's lowest close since Aug. 3

■ Market drivers and expert views
- Oil prices, interest rates, and AI investment worries
- Intelligent Alpha CEO on a routine tech-led pullback and election-related uncertainty
- Apollo Global economist on capital needs for data centers, infrastructure, energy transition, and the government deficit

■ Sector and company moves
- Energy gains in Chevron, Halliburton, and SLB
- Telecom declines in AT&T and T-Mobile amid a report on SpaceX wireless ambitions

Viewers seeking a concise market wrap and context on recent volatility will find index data, expert commentary, and sector highlights. The report does not provide trading recommendations or detailed fundamental analysis.