Banking giant slashes S&P 500 end-of-year target

  • Summary \u2688 HSBC slashes 2025 S&P 500 target by 16% to 5,600 due to concerns over slowing U.S. growth.\u2688 Market sentiment has shifted sharply from 2024's AI-fueled rally, with HSBC downgrading U.S. equities to ‘Underweight'.