Truist Wealth strategists believe the current pullback in equities, particularly in technology stocks, is more consistent with a reset than a change in the broader trend. Concerns over the AI buildout, geopolitical flare-ups and rising longer-term interest rates have weighed on investors at the start of the second half of 2026. The S&P 500 and tech stocks may have 5% to 8% more to drop before the bull market finds its footing again. This correction appears to be a stress test rather than a breaking point for the underlying trend.
Source: Read the original article
