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

The massive run-up in U.S. equities from the late-March lows could slow down as coronavirus cases rise at a record pace, according to BlackRock. The asset-management giant downgraded U.S. stocks to neutral from overweight. That rating change comes after the … Continue reading BlackRock downgrades U.S. stocks, citing rising coronavirus cases and stimulus running out