A post by @DeItaone on X.

Citigroup downgraded U.S. equities to neutral from overweight and cut global technology to neutral from overweight, according to a tweet from Walter Bloomberg citing the bank's latest allocation call. The move signals a less bullish stance on the world's largest equity market and on the tech sector that has driven much of its recent gains. It matters because Citigroup's shift follows a strong run in U.S. and technology stocks, and the downgrade could influence how institutional investors weight those exposures. What to watch next is whether other major banks follow with similar cuts and whether flows into U.S. equity and tech funds slow in response.