4 April 2025 | S&P 500

UBS cuts US stock rating amid trade restrictions

UBS cuts US stock rating amid trade restrictions

UBS Global Wealth Management has downgraded US equities, cautioning that import tariffs may prolong market volatility by dampening both the US economy and global GDP growth, Bloomberg reports.

The bank downgraded its outlook for US equities from 'attractive' to 'neutral' and reduced its year-end S&P 500 target from 6,400 to 5,800, reflecting downward revisions to corporate earnings estimates.

This rating revision underscores mounting market concerns about the US President's trade policies. UBS Global Wealth Management notes that Donald Trump appears likely to maintain his strategy, even amid rising recession risks in the United States.

Meanwhile, US stocks suffered their worst single-day decline in five years last Thursday following the President's tariff announcement.

Period: 31.08.2026 Expectation: 3600 pips
Sell EURUSD on Fed tightening expectations
Today at 11:58 AM 4
Period: 31.08.2026 Expectation: 850 pips
Buying AUDCAD on high yield gap in Aussie’s favor
Today at 11:58 AM 6
Period: 11.08.2026 Expectation: 2500 pips
Bitcoin sell-off targets $61,000
Today at 11:48 AM 8
Period: 04.08.2026 Expectation: 2500 pips
Go long on Tesla shares with $335 target as selling pressure fades after sharp drop
Today at 11:26 AM 7
Brent sell
Period: 04.08.2026 Expectation: 500 pips
Selling Brent crude as US-Iran diplomacy resumes
Today at 10:39 AM 13
Period: 04.08.2026 Expectation: 950 pips
Invest in AUDUSD with 0.70500 in sight on RBA rate hike expectations
Today at 10:19 AM 8
Go to forecasts