New Delhi, Nov. 27 -- Is the US stock market heading for a crash? Apprehensions that the steep rise in US tech stocks may be followed by a deep correction are growing.

However, there appears to be a clear divide among market participants and experts on the matter. One section of investors believes that stretched valuations, slowing economic momentum, and the concentration of gains in a few mega-cap tech stocks could trigger a sharp correction in US equities.

In contrast, others argue that strong earnings and AI-driven productivity gains justify the current valuations, suggesting that the US stock market may continue its rally.

The S&P 500 has gained 16% this year so far, while the Nasdaq has surged 20% year-to-date (YTD).

It's a matte...