Citi Says Stretched Positioning Set to Fuel US Stock Pullback

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Any further weakness in the US stock market could be exacerbated as investors sell their large long futures position, according to Citigroup Inc. strategists.

Citi Says Stretched Positioning Set to Fuel US Stock PullbackBitcoin Sales May Pick Up Around ‘Halving,’ Crypto.com CEO SaysScottish Power to Pay £1.5 Million for Overcharging CustomersAI Startup Upstage Secures $72 Million for US, Asian ExpansionThe Architect of EU’s Carbon Market Says It’s Time to Allow Imported CreditsIndia’s Reliance Tries to Sell US Oil as Russian Flows Pick UpCoal Keeps Powering India as Booming Economy Crushes Green HopesScottish Power to Pay £1.

5 Million for Overcharging CustomersEuropean Gas Jumps as Israel Vows Response to Iran AttackScholz Says He Will Raise Trade Rules, Ukraine in Talks With XiApple’s Tim Cook Says He Seeks to Boost Vietnam Investment, State Media ReportsStocks Look More Vulnerable in Asia Than Peers on Fed Re-PricingXiaomi’s Success Means More Trouble for Battered China EV StocksThe Daily Chase: Oil steady despite Middle East unrestThe Daily Chase: Housing remains in the spotlightShift to 'buy Indigenous'...

 

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:

 /  🏆 83. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hermes Can Surpass Vuitton as Luxury’s Biggest Brand, Citi SaysHermes has potential to surpass LVMH’s flagship Louis Vuitton in the coming years as the luxury industry’s biggest brand by turnover, according to Citigroup Inc. analysts.
Source: BNNBloomberg - 🏆 83. / 50 Read more »