US Stock Market Move | Storage concept stocks are falling one after another, with SanDisk (SNDK.US) dropping over 12%.

On Friday, storage concept stocks fell across the board, with SanDisk (SNDK.US) dropping more than 12%, Western Digital Corporation (WDC.US) dropping more than 6%, Micron Technology, Inc. (MU.US), and Seagate Technology Holdings PLC (STX.US) both dropping more than 4%. On the news front, Interactive Brokers Chief Strategist Steve Sosnick believes that the market's concerns about overall AI trading are justified, as companies have already invested trillions of dollars into AI. However, it is difficult for investors to determine how these investments will evolve, so it is right for the market to moderately retreat from this sector.