三年牛市逻辑逆转！科技股成弃子，AI无法替代的实体崛起

Group 1 - The core viewpoint of the articles highlights a shift in investor sentiment towards sectors that are less likely to be disrupted by AI technology, such as construction, transportation, and heavy machinery, while technology stocks are experiencing declines due to concerns over AI's impact on their business models [1][2][3] - The S&P 500 index has seen a decline, primarily driven by software stocks, while essential consumer goods stocks have risen by 4.7%, potentially marking their best weekly performance since 2022 [1] - JonesTrading's chief market strategist, Michael O'Rourke, notes that investors are gravitating towards sectors with "anti-AI attributes," which are seen as safer investments in the current market environment [1] Group 2 - Analysts from Citizens and Baird indicate that the construction sector is benefiting from the spring home-buying season, with potential for further price increases if funds rotate from tech stocks into construction stocks [2] - The machinery manufacturing and transportation sectors are also expected to achieve their best weekly performance since May of the previous year, supported by declining interest rates and stronger-than-expected economic resilience [2] - Essential consumer goods and chemical companies are categorized as anti-AI sectors, with companies like Dollar General and Dow Chemical seeing positive market performance due to anticipated improvements in demand and industry conditions [3] Group 3 - The chemical sector is expected to rebound as market conditions improve, with analysts predicting a recovery in earnings for commodity chemical companies amid a rotation of funds away from high-growth tech sectors [3] - The market has shown a divergence, with truck transportation, machinery manufacturing, and essential consumer goods reaching historical highs, while the tech-heavy Nasdaq 100 index has declined by 6% since its peak in October [3]