HSBC Upgrades U.S. Stocks to Overweight, Advises Buy-the-Dip Strategy Ahead of Q2 Earnings

HSBC strategists have upgraded their outlook on U.S. stocks, raising their rating from neutral to overweight. This adjustment reflects a more optimistic stance ahead of the second-quarter earnings season. HSBC's strategy emphasizes a 'buy-the-dip' approach, suggesting investors should consider purchasing shares during market pullbacks. The recommendation aligns with a broader investment philosophy that dips in asset prices present buying opportunities.