Citigroup has upgraded its rating for U.S. and European equities to 'overweight', citing a pause in tariffs as a key factor in this decision. The upgrade reflects a positive outlook for these markets, with analysts indicating that the current economic conditions may favor equities. This move aligns with broader market sentiments, particularly in the context of U.S. stocks, where the 'Trump put' is seen as a supportive factor for investors. The announcement was made on April 10, 2025, and has been reported by multiple financial news outlets.