The US stock market fell across the board, and the Philadelphia Semiconductor Index closed down for 8 consecutive trading days

Affected by concerns about AI investment returns and rising oil prices, the Nasdaq Composite Index fell 2.15% and the S&P 500 Index fell 1.1%. CoreWeave's stock price fell 12%. The Philadelphia Semiconductor Index fell for 8 consecutive trading days, the Storage Concept Index fell 6.28%, SK Hynix ADR fell over 6.5%, SanDisk fell over 6.8%, Micron Technology fell over 5.6%, and Coherent fell over 7%. The settlement price of Brent crude oil is around $110 per barrel, while WTI crude oil has risen to $101.71. The VIX panic index has risen above 22. The market is paying attention to the statement by Federal Reserve official Walsh about the possibility of suspending interest rate hikes in October and the financial reports of tech giants.