"Assessing the Stock Market's Resilience Amid Recent Sell-Offs and Recovery Attempts"

The stock market experienced a significant sell-off due to a higher-than-expected inflation report, but Wall Street strategists noted signs of resilience, suggesting the pullback was expected given recent record highs. Despite the magnitude of the decline, investors were ready to buy the dip, and the market's resilience was evident as the S&P 500 avoided a 2% daily drawdown. While concerns about inflation persist, better-than-expected earnings and resilient economic growth provide a balanced market narrative, indicating that some volatility should be expected as the path to lower interest rates and a potential soft landing remains bumpy.