Keith Lerner of Truist Advisory Services says the S&P 500’s upside is limited to 5% near-term, but the downside could be 10%.

It's been an erratic year for the stock market. Through everything that's happened so far, the broader benchmark S&P 500 is down about 6%, although much more from highs the market reached in mid-February.

During Donald Trump's initial 100 days, the S&P 500 experienced a significant decline, marking one of the toughest starts for a president since Richard Nixon's era. Investor confidence, initially boosted by hopes for tax cuts and deregulation following Trump's election,