According to Deep Tide TechFlow news on April 24, as reported by Jin10 data, one of Wall Street's largest long positions is abandoning expectations for a significant rise in U.S. stocks this year. Strategists at Deutsche Bank, led by Bankim Chadha, have lowered the year-end target for the S&P 500 index by 12% to 6150 points, meaning the index can only recover the decline since its February peak. The team also believes that the S&P 500 index's earnings will fall by 5% this year, while the consensus expectation is for a rise of 8%. Deutsche Bank has been one of the most optimistic institutions regarding this index. The strategists stated: "Due to the potential impact of tariffs being significant and likely disproportionately falling on U.S. companies, we have lowered our earnings-per-share expectation for the S&P 500 index in 2025 from $282 to $240."