#MarketPullback

Markets experienced a sharp pullback today, with major indices declining over 1.5% amid renewed fears of interest rate hikes and slowing consumer spending. Tech and growth stocks led the retreat, while defensive sectors like utilities showed relative strength. This move follows weeks of uncertainty, with investors growing cautious about overstretched valuations and mixed economic data. The pullback may present buying opportunities in strong fundamentals, but caution is warranted as volatility remains high. Watch for key earnings reports and upcoming Fed comments for direction. A healthy correction can reset overbought conditions—but failure to hold current support levels could signal a deeper downturn. Stay informed and disciplined in this shifting environment.