US Markets Lose $730 Billion Amid Valuation Concerns

US stock markets experienced a sharp decline, wiping out approximately $730 billion in market value following warnings from Morgan Stanley and Goldman Sachs CEOs about overvalued equities and potential market corrections. Analysts point to investor caution as technology and growth stocks remain expensive relative to fundamentals. The sell-off was amplified by weak economic signals and expectations of moderate interest rate adjustments. Market participants are closely tracking Q3 earnings and corporate guidance to assess risk. Hedge funds and institutional investors are rebalancing portfolios, while retail investors are advised to consider diversification to mitigate potential downside.