How deep will the U.S. stock market’s surge in the first half of 2026 retrace in July?; A quick look at the picture
[How deep will the U.S. stock market’s surge in the first half of 2026 retrace in July? A quick look at the picture] The Associated Press reported on July 29 that on Tuesday (July 28) Eastern Time, U.S. AI concept stocks represented by the storage and optical communications sectors continued to dive hand in hand. Referring to the huge gains of these stocks in the first half of this year, during this round of AI bull stocks' "cut-in-half correction", investors who have only switched tracks and chased higher in the past month are in the embarrassing state of "having no meat and being beaten." Taking SanDisk as an example, its stock surged 857.8% in the first half of the year, but the cumulative correction since July has reached 51.79%. The chart below details the retracement of 11 technology stocks that surged in the first half of 2026 in the U.S. stock market in July.