Economic data supports steady growth; tech stocks may pull back amid broad market strength.

Recent economic data shows a resilient expansion with falling inflation and steady job growth, allowing the Federal Reserve to remain patient on interest rates. Tech stocks, especially those related to AI, have surged but are expected to face a correction due to overextension. Meanwhile, broader market leadership from small caps and equally weighted S&P 500 stocks suggests a healthy bull market likely to continue into 2027. Investors should watch for a potential summer pullback in the S&P 500 amid these dynamics.