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"Would Nvidia's popping bring down the whole market? "It's very possible," Research Affiliates founder Rob Arnott said.

Fallout from elevated interest rates, an “erosion” of personal savings and a “deeply troubling” geopolitical situation will lead to broad market declines, according to strategists at the world’s largest bank.

"It is not time to be a big bear on stocks. That was a year ago," PIMCO's ex-chief economist Paul McCulley said.

"New lows came last week. Those lows likely won't be the last," says RIA Advisors CIO Lance Roberts.

"There are still areas of froth in the market we need to see come down, but a lot of that has taken place already," Meera Pandit told Bloomberg TV.