**[UBS: U.S. Stock Market Correction Complete, Year-End Rebound Expected]** BlockBeats News, November 25 — UBS Securities trading department stated that the sell-off in the U.S. stock market may have come to an end, laying the foundation for a year-end rebound. Last week, due to investor skepticism about the prospects of further easing policies from the Federal Reserve and their withdrawal from crowded AI trades, the stock market experienced a sharp decline. The S&P 500 Index and Nasdaq 100 Index fell approximately 4% and 7%, respectively, from their record highs at the end of October, both dropping to near their 100-day moving averages. However, UBS believes that as the benchmark indices find support at this critical technical level, systemic fund selling has largely subsided, and expectations for a Federal Reserve rate cut next month appear to be back on track, the stock market is likely to strengthen moving forward. "Our view is that the current de-risking phase has now come to an end," Michael Romano, UBS Head of Equity Derivatives Hedge Fund Sales, wrote in a report released last Sunday. Romano expects the S&P 500 Index to rise to around 7,000 points by the end of the year. He believes that the market shakeout in November has sufficiently reset positions, creating conditions for subsequent gains. The strategist anticipates that the recent correction may have positioned the market for a unique December, where momentum stocks are likely to deliver strong performance (these stocks typically exhibit rapid and significant price movements). (Jin10)