UBS downgrades US stock ratings, opposing other Wall Street institutions.

According to a report by Jin10, UBS Wealth has downgraded its rating on US stocks from attractive to neutral. Investment chief Mark Haefele believes that the stock market has risen too quickly in the past month. Despite the recent announcement from China and the US to mutually reduce tariffs, he warns that uncertainty remains high and the market may experience fluctuations. Meanwhile, other institutions on Wall Street are more optimistic, with Goldman Sachs raising its target price for the S&P 500 index to 6100 points for 2025, and Yardeni Research even raising it to 6500 points, expecting that the Federal Reserve will not cut interest rates this year.