The correction in the US stock market reflects valuation adjustments, not a deterioration of fundamentals.

Jinse Finance reported that the US stock market remained under pressure this week, as investors questioned the sustainability of high valuations in technology stocks. Pepperstone research strategist Ahmad Assiri stated that this pullback is not a structural collapse, but rather a reality check. He pointed out that the approximately 2% decline in the Nasdaq reflects more of a reaction to market valuations rather than a deterioration in fundamentals, and the VIX index has not seen a significant surge, further supporting this view. (Golden Ten Data)