Citigroup: US stock market's upward momentum is slowing
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最新报道：According to a report from Bijie.com, Citigroup stated that bullish momentum in the US stock market continues to weaken, a trend also reflected across the Atlantic in European markets. European stock investors are facing political turmoil in France, while the European Central Bank is expected to hold interest rates steady for the second consecutive time this Thursday. Citigroup stated in a report that "bullish positioning in the US continues to decline, with both the S&P 500 and Russell 2000 indices declining in normalized levels, despite some new risk-on inflows into the market." The report added that "positioning in the Nasdaq index is more resilient, and bullish levels remain elevated." The bank believes that recent US labor force data increases the likelihood of a Federal Reserve rate cut.
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