Bull Market Has Room to Run, Says Truist's Keith Lerner

Stocks rebounded from session lows as investors speculated that the Federal Reserve may not raise rates aggressively, offsetting concerns about oil prices and artificial intelligence.

Keith Lerner, CIO and chief market strategist at Truist Advisory Services, believes the current bull market has room to run, with technology and AI still central to its prospects.

The S&P 500 closed flat on Tuesday, as weakness in chipmakers continued.