The stock market has experienced a turbulent period, particularly with significant declines in tech stocks, dragging indices like the Nasdaq and S&P 500 lower. Concerns about the sustainability of the AI boom and upcoming Fed decisions are weighing heavily on investor sentiment. High-profile companies such as Nvidia and Palantir have experienced notable share price drops, contributing to the overall market selloff. With fears of a potential market correction and a rotation towards more defensive sectors, investors are reassessing their strategies amid a backdrop of mixed earnings reports from retailers and ongoing Fed discussions.