Have stocks reached their tariff selloff bottom?
The big — and unsettled — question is whether equities now are poised to rebound or decline further.
Global investors are dumping U.S. stocks at a record pace following last week's historic swings for the S&P 500, a report suggested Tuesday, as analysts debate whether markets have reached their low for the year or are vulnerable for more declines to come amid the ongoing tariff uncertainty.
Bank of America's monthly survey of global fund managers showed the biggest two-month decline in U.S.-stock allocation on record, with the lowest overall level of exposure in two years as stocks hit a 52-week of 4,835.04 points for the S&P 500 during the worst of last week's slump.
At present, the S&P 500 is up around 8.5% from last Tuesday's closing low, powered in part by Trump's partial retreats from his tariff gambit but gains have been capped by the increasingly aggressive trade war between Washington and Beijing. Many are also convinced that President Trump's tariff policies will slow both global and U.S. economic growth.
