While a number of firms are turning cautious as Covid-19 cases rise across the country, BlackRock on Monday upgraded U.S. equities to overweight, saying investors should look through near-term market volatility.
The firm said it expects the market to benefit from "structural growth trends and a potential cyclical upswing during 2021" amid positive developments on the coronavirus-vaccine front.
Pro Lot of positive news for the markets of late.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: