On the afternoon of the 24th (Korean time), the U.S. stock market saw its major indices rise across the board as bargain-hunting inflows followed the previous session's sharp decline. While a massive sell-off for profit-taking had recently swept through artificial intelligence (AI)-related and semiconductor stocks, triggering steep corrections, some investors returned to buying on the basis of attractive valuations, helping to restore investor sentiment.

[Major Index Status] • Dow Jones Industrial Average: 51,682.73 (up 15.89 points, 0.03%) • S&P 500 Index: 7,389.25 (up 23.79 points, 0.32%) • Nasdaq Composite Index: 25,677.28 (up 90.24 points, 0.35%) • Russell 2000 Index: 2,984.70 (up 9.22 points, 0.31%)

The market is focusing on the assessment that the previous day's steep tech-led correction was excessive. In particular, the easing of selling pressure in the AI and semiconductor sectors, which had recently driven the upward trend, supported the rebound of major indices. The Russell 2000 Index, which reflects the movement of small- and mid-cap stocks, also joined the strong performance.

However, the prevailing analysis is that it remains to be seen whether this will lead to a full-fledged trend reversal. Investors remain highly attentive to major corporate earnings and the Federal Reserve's (Fed) monetary policy direction. Uncertainties persist over whether semiconductor sector earnings will meet expectations and how the future interest rate path will unfold.

On Wall Street, as recent stock market volatility has expanded, a strong wait-and-see sentiment is prevailing, with investors preferring to verify upcoming economic indicators, corporate earnings, and Treasury yield movements rather than being swept up in short-term rebounds. In particular, changes in investor sentiment toward AI-related stocks are expected to be the key factor determining market direction for the time being.

[This article was written with the assistance of AI. Investment decisions are the responsibility of the investor.]