Don't trust the stock market rally — nothing fundamental has changed, strategist says

Salman Ahmed, global head of macro and strategic asset allocation at Fidelity International, told CNBC's"Squawk Box Europe" he doesn't trust the current equity rally because fundamentals around higher-for-longer interest rates have not changed.

LONDON — Stocks are heading for a bumper week, but there are many reasons to be wary, one strategist warned on Friday.

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Stock Market Today: Dow ends higher as Treasury yields dive after Fed pauses againStock Market Today: Dow ends higher as Treasury yields dive after Fed pauses again
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