Selloff Finds Floor

The most likely near-term path is a volatile stabilization as investors decide the selloff has already priced in slower AI spending, China restrictions, and customer-financing concerns. Nvidia remains under scrutiny, but the absence of a fresh negative catalyst allows megacap tech and semiconductor shares to recover modestly or trade sideways.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.