Finance

Hotter-Than-Expected Inflation Sparks AI Selloff; S&P 500 Ends 53-Day Calm as Chip Stocks Bear the Brunt

Hotter Inflation and AI Weakness End the S&P 500’s Run Without a 1% Drop

The S&P 500 ended its longest period of calm in over six years, falling more than 1% for the first time in 53 trading sessions as AI-driven trading receded.

The Dow Jones Index Closes 0.18% Lower