or not the valuations for many of the companies is justified given the outlook for profits and theco overallmy. and the current selling pressure in the markets is the manifestation of the revaluation process taking place. for nightly business report, i'm dominic chu. >> so can the market tur around d turn higher without the help of the big techtos? sarah malik is head of the global equities division at nufen, the investment management of tiaa. welcome, sarah nice to have you here. >> thanks for having me. >> i guess that is the question. can the market turn higher andn ue to move higher without the participation of some of those tech stocks? >> we think that it can, because some ofhn the togy stocks are actually priced for perfection. and when at thep theyt earning that is aren't perfect you see these declines, especially ihenestors are nervous about other items such as trade, interest rates and inflation. but if you take a step back, economic data remains strong. manufacturing numbers look goodm the empt numbers look good. and if you look at valuations, the market is looking pretty compelling