US stocks today: HSBC turns bullish on US equities citing earnings momentum
Published on: April 28, 2026, 9:26 p.m. | Source: The Economic Times
HSBC upgraded U.S. equities to "overweight" from "neutral," citing strong earnings momentum and easing geopolitical risks. The brokerage also downgraded Europe ex-UK to "neutral" due to weaker activity and higher energy price risks. HSBC favors sectors with lower commodity input costs like banks, insurance, and technology.
