Hedge funds boost bearish bets on US equities amid market jitters

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Hedge funds increased their bearish bets mainly on U.S. stocks last week when the major stock indexes plunged, Goldman Sachs showed in a report. 'Hedge funds have been pressing U.S. shorts in five of the past six weeks, and this week's notional short selling was the largest since Sept. 22,' Goldman Sachs' prime brokerage team wrote. Hedge funds added short positions mainly in so-called macro products, including equity index and exchanged-traded funds, the bank said.

CN Rail stock looks too cheap going into the October season. I may pick up a few shares. The post Here’s the Next Stock I’m Going to Buy appeared first on The Motley Fool Canada.BCE and Enbridge are industry leaders that provide essential services that homes and businesses need, regardless of the state of the economy. The post 2 Stocks to Buy That Canadians Interact With Every Day appeared first on The Motley Fool Canada.

Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wake-Up CallBonds Fall, Dollar Jumps as Fed Messaging Digested: Markets WrapHollywood Screenwriters ReaAre you looking for a stock you can buy and hold for a lifetime? Here are two options to buy now and forget about for decades.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines