Hedge funds bought U.S. tech and media stocks at the fastest pace in four months last week, said a Goldman Sachs prime brokerage note to clients seen by Reuters on Monday, spurred by the Federal Reserve’s anticipated 50-basis point rate cut.
The Fed’s first rate cut in four years lifted U.S. stocks last week, with the S&P 500 index closing Friday 1.15% higher, as recession fears ebbed and investors digested the implications of easing monetary policy. , like computer, monitor and hard drive manufacturers, the Goldman Sachs note said. By contrast, consumer products were the most sold on Goldman Sachs’ prime brokerage book, the note said.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »