The S&P 500 continues to hit new highs, SanDisk and Western Digital report their earnings, and three major events shape the narrative of the AI bull market.

According to Zhituo Finance APP, three major U.S. stock indices opened higher on Wednesday, with the Dow Jones Industrial Average rising 0.33%, the Nasdaq up 0.43%, and the S&P 500 gaining 0.45%. If this upward trend continues until the market closes, the S&P 500 index is expected to reach a historical high for the second consecutive trading day. Keith Lerner, Chief Investment Officer of Truist Advisory Services, stated, The existing evidence still supports our confidence in a bull market. Earnings remain our focus, the economy continues to show resilience, market breadth is expanding, and the overvaluation issue has largely been resolved.