Strategist: Stock market slump not directly linked to tariffs

Dhaval Joshi, chief strategist at Bca Research, said the sell-off was concentrated on artificial intelligence stocks, and there was no direct link between the sell-off in the stock market and the tariffs. Because if it was a direct link, then retailer stocks should be doing badly. So it's like an excuse, or a catalyst, to sell very expensive stocks. The U.S. stock market is an expensive market, it just needs a catalyst to get investors to start selling.