The stock market is following a familiar pattern - it almost always ends the same way, says Wall Street analyst

New Photo - The stock market is following a familiar pattern - it almost always ends the same way, says Wall Street analyst
The stock market is following a familiar pattern - it almost always ends the same way, says Wall Street analyst

Stocks are poised for a pullback of up to 12 percent after a storming start to the year, a Wall Street veteran has warned. Global stocks hit record highs on Wednesday - ahead of a day off from trading for the Juneteenth holiday yesterday. Surges in the S&P 500 and Nasdaq were driven by a rally in tech shares that has also made AI chipmaker Nvidia the world's most valuable company.
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