The S&P 500 Index, regarded as one of the most significant indicators of the health of the U.S. market, has experienced a notable decline. From its peak, the index has fallen by 7%, raising substantial questions among analysts and investors. This article explores the causes and consequences of this decline as well as the commentary from experts at Bank of America.

European stocks have faced challenges after reaching historic peaks. The upcoming week will be crucial for the markets as major corporate earnings reports will be released. Among the key players is $ASML, whose results could spark a rally in the stock market.