Hedge Funds Step Up Purchases of Tech Stocks, Goldman Sachs Says
The risk-on momentum in technology stocks last week wasn’t lost on hedge funds, who scooped up the sector’s companies at the fastest clip in more than a year.
The risk-on momentum in technology stocks last week wasn’t lost on hedge funds, who scooped up the sector’s companies at the fastest clip in more than a year.
The regular market for US equities runs for 390 minutes on a standard trading day. But at the rate things are going, eventually the last 10 might be the only ones that matter.
Bitcoin and the wider crypto market retreated on Monday, with some speculators on edge ahead of a Federal Reserve meeting this week that may point to higher-for-longer interest rates.
Treasury options traders are protecting against everything from multiple interest-rate cuts this year to a hike ahead of the US Federal Reserve meeting this week.
Australia is set for a wave of Bitcoin exchange-traded fund launches, following in the footsteps of the US and Hong Kong, as issuers like Van Eck Associates Corp. and BetaShares Holdings Pty line up for listings.
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