Following the S&P 500's largest weekly decline since November, Wall Street strategists are evaluating the potential extent of the benchmark's downturn. Bloomberg posted on X, highlighting the concerns among analysts regarding the market's trajectory. The recent drop has prompted discussions on the factors influencing the index's performance and the broader implications for investors. As strategists analyze the situation, they are considering various economic indicators and market dynamics that could impact future movements. The focus remains on understanding the underlying causes of the decline and anticipating possible scenarios for the S&P 500's recovery or further descent.