The pre-CPI market was cautious and US stocks closed down. The S&P 500 remained extremely narrow, the storage sector bucked the trend, and SK Hynix rose more than 4%

Comparative news, according to BIT (bit.com) market data, the market remained cautious until today's CPI data was released. The three major US stock indices collectively closed down. The NASDAQ fell 0.6%, the Dow fell 0.34%, and the S&P 500 index fell 0.32%. S&P maintained extremely narrow intraday volatility for the fourth consecutive trading day. The market showed calm and price fluctuations. Big tech stocks weakened for the second day in a row, the Big Seven dragged down the index as a whole, and the Nasdaq 100 index closed above the 50-day EMA.

The AI sector is clearly divided, software infrastructure and optical networks have seen sector rotation, and AI semiconductors have risen slightly, but the increase falls short of the market's expectations for a $500 billion financing framework. Previously, Nvidia teamed up with six Wall Street financial giants including Blackstone and Goldman Sachs to establish a $500 billion financing platform for AI infrastructure construction. Failure to gain market optimism after the news broke triggered concerns about revolving financing. Google fell 3.84%, recording its biggest one-day decline in nearly six months. Oracle is down 3.71%, Cloudflare is down 1.20%, and Amazon is down 2.09%.

The US stock storage sector rose, with SK Hynix up more than 4%, SanDisk and Seagate Technology up more than 2%, and Micron up 0.87%.