Bloomberg: Citigroup strategists have downgraded US and global tech stocks to neutral, and are rallying the value of European securities, excluding the UK to "bring the market back". The decision comes amid a sell-off over the US election results and fears of tighter AI regulation that stripped the Nasdaq 100 of $2.3 trillion in equity last Thursday. Analysts point out that the European market looks more attractive due to less dependence on the AI sector and low oil prices.