BlackRock downgrades U.S. stocks, citing rising coronavirus cases and stimulus running out

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New for subscribers: BlackRock downgrades U.S. stocks, citing rising coronavirus cases and stimulus running out Check out CNBCPro for a free trial.

The asset-management giant downgraded U.S. stocks to neutral from overweight. That rating change comes after the soared more than 44% from an intraday low set on March 23 amid expectations of a swift economic recovery following the coronavirus-induced shutdown.

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Pro Surely, not all Trump0’s fuckups.

Pro What about the destruction of our currency?

Pro Gud

Pro 'Hummm, I wonder, are this whole country's stocks any good Better consult Big Daddy BwackWock' said nobody EVER justfrickinbuy

Pro But your Donald Trump claims the stocks are at their historic high

Pro Yes, Republicans stubborn refusal to extend PUA benefits through the fall will be the straw that breaks Americas back. So tragically short sighted.

Pro lol. sheep.

Pro Looks like BlackRock sold their stock positions. We may see a big dump on stock market.

Pro Looks like someone has already made their shorts.

Pro kerberos007

Pro There is no plague ! It’s a common cold. You either are ammuned to it or your compromised by your poor health

Pro I can't think of one reason to buy stock right now . Unless I had inside information !

Pro Sell.... everything.

Pro Hi! Looking for short and quick Money Tip videos? Thats what our new channel 'The 3 Minute Money Fix' is all about! We want to give FREE advise on our channel to all!

Pro Stones what are you gonne do?

Pro Business climate in the US was ALREADY SCREWED BEFORE the MAN-MADE Corona virus. We had many QEs to keep the economy AFLOAT and it ALL FAILED one after the other. Now that there are NO MORE QEs directed at the public this CORONA SCAM was MANUFACTURED to HIDE the FINANICAL DISEASE

Pro 🤔

Pro OK bULLISH , Stimules DOny coming , dont lie people

Pro wow blackrock, all that money daddy powell gave you and you are gonna downgrade US stocks? doesnt sound too patriotic to me

Pro 🤣🤣🤣🤣🤣🤣🤣🤣 Joke? They own the stocks hahhahaha

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