Citi cuts recommendation for US stocks as recession fears hit, lifts view on China
SINGAPORE (Reuters) -Citi analysts cut their recommendation for U.S. stocks to "neutral" from "overweight" on Monday after recession fears pummelled the market, arguing that the U.S. economy may no longer outpace the rest of the world in the coming months. At the same time, they upgraded their view on China to "overweight" from "neutral".