The S&P 500 Is Falling. Here’s When You Should Snap Up Stocks.

The drop has largely been driven by tech worries: China’s Alibaba Group Holding is now developing an artificial intelligence chip, posing a threat to leading chip makers like Nvidia Tech companies expected to benefit from selling new AI-powered software offerings— Microsoft Oracle Amazon.com, and Alphabet —saw their shares fall, too. The S&P 500 should keep chugging higher, thanks to the potential for continued earnings growth. Consistent with the narrative of long-term earnings growth, investors should remember that Big Tech companies are just in the early stages of benefiting from AI.