Deep Tide TechFlow News, April 14, Like other Wall Street analysts, Citi Group strategists have become more optimistic about the U.S. stock market. They stated that the increasing uncertainty of the war situation has led investors to prefer higher quality and more defensive companies. Citi strategists upgraded their rating of the U.S. stock market from "Neutral" to "Overweight," and made global asset allocation adjustments based on the principle of "high-quality/defensive tilt." They also downgraded the rating of emerging market stocks from "Overweight" to "Neutral," citing their vulnerability to energy shocks and a strengthening dollar. (Jin10)

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