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Two Blokes Tue at 12:30 PM -
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UBS has downgraded its view on US equities to 'neutral' from 'attractive', following the recovery of the S&P 500 from the correction sparked by Donald Trump's 'reciprocal' tariffs announcement and expectation of continued market volatility. After the US and China's weekend agreement to lower tariffs for 90 days while talks continue, UBS flagged US court challenges to the Trump administration's tariffs starting this week.
