Major stock indexes finished mixed Friday, with the Dow Jones Industrial Average declining for a second straight session but registering a weekly gain.

Doubts about a potential third Federal Reserve rate in December triggered an 800-point drop in the Dow Jones Industrial Average on Thursday.

Investors drove the Dow to back-to-back record gains shrugging off concerns about an AI bubble and the lack of economic data tied to the government shutdown.

The Dow Jones Industrial Average soared more than 300 points, or nearly 0.7%, Wednesday as investors looked ahead to the end of the record-breaking government shutdown.

Major stock indexes ended sharply lower Thursday, a day after President Donald Trump signed a funding bill to end the longest federal shutdown in U.S. history, as technology shares dragged the Nasdaq.

U.S. stocks settled lower on Thursday, with the Dow Jones index dipping around 800 points during the session despite federal agencies reopening after the longest government shutdown in U.S. history, as investors aggressively repriced Fed rate-cut expectations following a wave of hawkish remarks from central bank officials.

The Dow Jones Index has pulled back in the past few days, moving from the year-to-date high of $48,416 to the current $47,457.

US indices slipped in pre-market trading on Friday, with the Nasdaq 100, Dow Jones 30, and S&P 500 all testing key technical levels. Markets appear cautious, and traders are watching trend lines and major round numbers for signs of stabilization or deeper correction.

U.S. stock futures declined on Friday after Thursday’s sharp sell-off. Futures of major benchmark indices were lower.

Dragged down by declines for shares of Walt Disney and NVIDIA Corp., the Dow Jones Industrial Average is declining Thursday morning.