The calm period for US stocks has officially ended! The S&P 500 ended its record streak of 53 consecutive trading days without a drop of more than 1%, as the AI stock sell-off intensifies market concerns.

Zhito Finance APP has learned that as market concerns over the sustainability of the artificial intelligence (AI) investment boom intensified, combined with the latest U.S. inflation data exceeding expectations, U.S. stocks suffered a notable sell-off on Wednesday. The S&P 500 fell 1.1%, ending a record streak of 53 consecutive trading days without a decline of 1% or more, the longest period of calm since January 2020. Tech giants and semiconductor stocks were the main drags in this round of declines, and the market has begun to worry that the four-year bull market in U.S. stocks may face greater challenges.