BlockBeats News, August 21st, Citigroup's report suggested investors to stay overweight equities and advised to increase exposure if the market pulls back prior to the midterm elections in the U.S.

The bank believes that despite recent concerns about artificial intelligence, factors such as upward earnings revisions, improved liquidity conditions, and limited warning signals have provided support. Citigroup remains bullish on the U.S. stock market and thinks that sector rotation may limit downside potential.