Hedge funds sell US stocks at fastest rate since January

📆 25-05-24 22:15:00
📰 Investingcom

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Hedge funds sell US stocks at fastest rate since January

Hedge funds sold US equities at a rate not seen since early January, marking a significant shift in investment behavior after five consecutive weeks of net buying.

According to the report, both macro products, including indexes and ETFs, and single stocks experienced net selling. The selling activity was widespread across all 11 US sectors for the week ending May 24, with industrials, information technology, financials, energy, materials, and real estate leading the downturn. The cyclical sectors, in particular, faced the heftiest notional net selling since December.

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