BlackRock raises U.S. stock outlook after tariff pause

The BlackRock Investment Institute said Monday its bullish stance on U.S. stocks rose slightly after the U.S. announced the suspension of tariffs on most countries for 90 days. A report from the research arm of asset management giant BlackRock showed that the risk of a “financial accident” in the near term has eased following the Trump administration's decision to suspend high tariffs on most countries." Policy uncertainty could be a drag on economic growth and the stock market in the short term. However, we believe the underlying economy and corporate earnings remain solid and supported by tremendous forces such as artificial intelligence," BlackRock analysts said in the report, adding that they are overweight U.S. stocks.