US stocks pulled back on Friday, with the benchmark headed for its worst week since September as the salvo of trade policy actions unnerved investors.

The Dow Jones Industrial Average traded 152 points lower, o 0.3%. The S&P 500 shed 0.2%, and the Nasdaq Composite lost 0.1%.

A weaker-than-expected jobs report released Friday raised further concerns about an economic softening and sent rates lower. Nonfarm payrolls increased by 151,000 jobs in February, less than the consensus forecast for 160,000 from economists polled by Reuters. The unemployment rate ticked higher to 4.1%.

Broadcom rose 5% after the semiconductor and software posted better-than-expectedfiscal first-quarter earningsand issued strong guidance. Broadcom reported adjusted earnings in the first quarter of $1.60 a share, higher than analysts’ expectations of $1.51. Revenue of $14.92 topped consensus of $14.62 billion. Artificial-intelligence revenue in the quarter was $4.1 billion, up 77% from a year earlier. For the current second quarter, Broadcom anticipates revenue of $14.9 billion compared with expectations of $14.71 billion. CEO Hock Tan said Broadcom’s largest technology customers continue to “invest aggressively” in their next generation AI models. 

BigBear.ai Holdings, an AI-powered decision intelligence solutions provider, saw its shares fall 16% after reporting fourth quarter earnings that missed analyst expectations and issuing weaker-than-expected guidance for 2025.