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Analyst Calls Recent Stock Sell-Off a Minor Adjustment

8/21/2025

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Story summary
  • A Citigroup strategist views the recent U.S. stock sell-off as minor and not a sign of a larger decline.
  • Analyst Scott Chonert believes the market movement reflects portfolio adjustments rather than a significant trend.
  • He raises doubts about whether the two-day downturn indicates an ongoing trend.