"The fundamental construct of the United States stock market is in wonderful condition," Brian Belski of BMO Capital Markets said.
The SkyBridge Capital boss said the Federal Reserve is now less likely to tighten aggressively, making this plunge in stocks a buying opportunity.
Oil prices initially moved higher despite the White House announcing it would release reserves to try to cool the market.
Markets have interpreted the President's decision to nominate Jerome Powell for a second term as a "hawkish" one, with bond yields and the dollar up.
"I do think a correction will come, the question is how high stocks can get before then," Jeremy Siegel said.
Stocks have remained buoyant on the back of strong earnings and economic optimism. But crypto has taken a hit in recent days.
PIMCO founder Bill Gross went as far as to say that markets may collapse in the coming years unless interest rates go up.
Inflation is soaring in the US, and it seems to be top of mind for many S&P 500 bosses, particularly in goods-focused sectors.
Stocks remain around records highs despite inflation soaring, in part because the bond market is so unattractive.
The Amazon-backed electric-vehicle startup has only ever delivered about 150 cars, but is now worth more than $100 billion.
Elon Musk asked his Twitter followers whether he should sell 10% of his stake in Tesla, and said he'd abide by the results. They said yes.
"We underestimated the reopening impact on our company," Peloton chief John Foley told shareholders on an earnings call.
The 1999 book "Dow 36,000" got a bunch of things wrong - but also included some solid investing advice.
Stock market investors are grappling with a number of worries including higher inflation, hawkish central banks, and a Chinese slowdown.
Some optimism returned to stock markets at the end of the week, as earnings season picked up pace.
Stock market investors were waiting for nonfarm payrolls data, which could give the Fed the green light to start tapering asset purchases.
Stock market investors are worrying about soaring energy prices pushing up inflation, among a host of other concerns.