After a turbulent month for U.S. stocks, many investors are wondering: What’s happening with the market, and where is it heading next?

Palantir shares gained ground on Tuesday as the stock took a breather from a three-week slump that has seen the AI investor favorite lose more than a third of its market value. Here are the key chart levels to monitor.

Morgan Stanley has been one of the most bearish firms on Wall Street, and it's been proven right lately.

Globally, an incipient trade war, stretched government finances and the heightened risk of conflict are making a protracted market selloff more likely.

Key Takeaways The S&P 500 tumbled into correction Thursday amid concerns that Trump administration policies, notably tariffs, could slow economic growth and reignite inflation.The index set a new record high just over three weeks ago before promptly reversing,

As shown above, the S&P 500 in the last 15 years has returned an average of 18% during the year following its first close in correction territory. While not shown in the chart, the S&P 500 has also returned a median of 18% under the same conditions,