HSBC Downgrades U.S. Equities, Upgrades European Stocks
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HSBCReuters
•Business
Business & Economics
HSBC downgrades US stocks, turns bullish on European equities

78% Informative
HSBC lowered U.S. equities to "neutral" and raised rating on European stocks.
S&P 500 has pulled back about 6.1% from its February 19 record high on worries that the trade war will hurt corporate profit and slow growth.
Proposed $1.2 trillion European fiscal bazooka and emergence of China as tech race leader are marking a potential turning point for investor capital away from the United States .
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