HSBC Strategist Signals Potential Low for U.S. Equities

HSBC's chief multi-asset strategist, Max Kettner, indicated that the S&P 500's close at 6,343 on Monday might represent a near-term low for U.S. equities. According to NS3.AI, Kettner noted that various indicators, including hedging, surveys, and positioning, have triggered what he described as the first significant buy signal for broader risk assets since Liberation Day.