US Markets In Correction Mode | AI Boom, Rate Cuts & Tariff Concerns | Arvind Sanger | ET Now　 #ETNOW

US markets are taking a breather after strong gains, driven by AI investments, but remain cautious ahead of GDP data and Fed moves. Fed Chairman Jerome Powell warns valuations are stretched, though AI spending by tech giants like Nvidia and Alibaba keeps optimism alive. For India, risks persist around U.S. tariffs and H-1B visa rules, while GST reforms and CapEx initiatives support growth. Markets remain in consolidation with investors eyeing clarity on global and domestic fronts.

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