Reported about 17 hours ago
Investor sentiment on Wall Street is shifting from US stocks to European equities, driven by a significant downturn in US markets amidst declining support for NATO and Ukraine. Europe's stock indexes, boosted by anticipated fiscal stimulus from Germany, have shown gains exceeding 10% this year, while US indices like the S&P 500 have fallen over 4%. Analysts are now upgrading European stocks to 'overweight' while downgrading US equities, signaling a notable shift in investment strategies.
Source: YAHOO