HSBC downgrades US stocks, turns bullish on European equities
ReutersMar 10, 2025 10:51 AM
March 10 (Reuters) - HSBC on Monday downgraded U.S. equities, citing uncertainty around tariffs, while turned bullish on European stocks following boost from Germany loosening its fiscal reforms.
The brokerage lowered U.S. equities to "neutral" and raised rating on European stocks, excluding UK stocks to "overweight" from "underweight"
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