A post by @DeItaone on X.
CITI DOWNGRADES US STOCKS AND TECH, TURNS BULLISH ON EUROPE
@DeItaone on X
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Citi downgraded U.S. equities, global technology and European technology to Neutral, citing deteriorating AI sentiment and the risk of further investor selling. The bank warned the Nasdaq could drop another 5% before stabilizing. It turned bullish on Europe, signaling a rotation away from the U.S. and tech leadership that has driven global indexes. The call matters because Citi's shift reflects growing caution on AI-linked valuations after a strong run. Investors will watch whether the Nasdaq's pullback deepens toward that 5% threshold and whether European equities attract sustained inflows.
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Named in this story
Citi (C), Global technology, US stocks, European technology, Nasdaq
A linked name opens that asset's sentiment page.