Ed Yardeni Says 'Buy The Dip' In AI Stocks, Calls Market Nervousness Healthy Sign - SPDR S&P 500 (ARCA:SPY)

Group 1 - Veteran economist Ed Yardeni suggests that the recent pullback in artificial intelligence (AI) stocks should be viewed as a buying opportunity, contrasting current market caution with the late 1990s tech bubble [1][2] - Yardeni highlights that the current earnings season shows S&P 500 profits tracking at a 14% year-over-year growth, significantly surpassing the 6.5% analyst expectation, which provides a strong foundation for the market [3] - He maintains a bullish outlook for the S&P 500, predicting it will reach 7,000, supported by strong corporate earnings and a potential "Santa Claus rally" at the end of the year [4] Group 2 - The S&P 500 index recently closed at 6,846.61 points, with experts forecasting it to breach the 7,000 mark in 2025, indicating a positive market sentiment [5] - The SPDR S&P 500 ETF Trust (SPY) increased by 0.23% to $683.00, while the Invesco QQQ Trust ETF (QQQ) saw a slight decline of 0.27% to $621.57, reflecting mixed performance in the market [5]