Strategists view market resilience as sign of underlying strength

Wall Street strategists argue that the stock market's ability to remain flat despite rising oil prices and 10-year Treasury yields indicates underlying strength rather than a warning sign. While AI-driven momentum has cooled, analysts note a healthy rotation into sectors like healthcare, energy, and financials. Experts remain cautious as they monitor AI infrastructure spending and Federal Reserve policy, with some firms increasing bond allocations as a hedge against ongoing uncertainty.