Citi downgrades U.S. stocks to "tactically cautious": Short-term volatility is inevitable, and it is recommended to gradually enter the market on dips.

According to the Wisdom Financial APP, Morgan Stanley's trading department has turned cautious on the short-term outlook for US stocks after experiencing a massive sell-off in the market last Friday. Andrew Tyler, the global market intelligence chief of the bank, has downgraded his stock view from "bullish" to "tactically cautious", expecting the market to remain volatile in the short term, primarily due to investors possibly continuing to sell off technology stocks that have seen significant gains in recent rebounds. Tyler stated in a client report, "The stock market may need several weeks to stabilize."