[Wall Street Warns of Increased Short-Term Volatility Risk in U.S. Stocks] Wall Street strategists have warned that U.S. stocks may face greater short-term volatility. Factors such as high valuations, government shutdowns, and trade uncertainties are increasing market vulnerability. The S&P 500 Index has gone 97 consecutive days without a 5% pullback, far exceeding the long-term average, potentially entering a technical correction cycle. Analysts from Morgan Stanley and JPMorgan have both pointed out that elevated stock valuations and crowded positioning could exacerbate short-term correction risks.