So far it seems to me people (and funds) are just being cautious, locking up some gains and reducing exposure in case things get ugly in the Middle East. Not saying the market in general, and AI in particular, is/was not overbought, but I don't see a Nasdaq-2000 bubble there.
Bostic again I think. https://www.bbc.co.uk/news/business-68849498 US rate setter tells BBC 'no hurry' to cut interest rates
like a hot knife through butter. kidding aside, when 20 and 50 ema were broken, lot of pockets below that need to be filled. 7% and 10% from the top perhaps we can find some supports.