The major stock indexes fell on Friday as investors weighed energy supply concerns amid the continued tightening of travel at the Strait of Hormuz. Some stocks across the consumer discretionary, industrials and technology sectors were found to be oversold, potentially paving for a rebound. Among the most oversold stocks was Meta, which lost two major court cases and cut staff. The company shed more than 11% this week following its latest round of layoffs. Other overbought stocks included APA, an independent energy company with subsidiaries that produce oil and natural gas, and Estée Lauder Companies, Cintas and Lennox International.