The S&P 500 index touched highs of 5,670 in July. Over the last one month, the index movement has been volatile with a downward bias. There is nervousness among investors as geopolitical tensions remain high and GDP growth has been sluggish. I believe that this volatility and correction can be used to accumulate several quality growth stocks. An important point to note is that the U.S. Federal Reserve is likely to pursue expansionary policies before the end of 2024. Further, multiple rate cuts might be on t ...