European hedge funds increase allocation to defensive stocks

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 78%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Market News

NEW YORK, Oct 25 - European hedge funds have bought defensive stocks in October, while selling cyclicals, Goldman Sachs said in a report about trading flows.

The flows illustrate how European hedge funds have become more cautious amid the Hamas-Israel war and continued uncertainty about future economic growth.

 

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:

 /  🏆 13. in CA

Canada Canada Latest News, Canada Canada Headlines

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

Global Market Scan: Temperature of western Europe’s housing market drops - constructconnect.comCanada's construction news
Source: DCN_Canada - 🏆 17. / 74 Read more »

Stocks close mixed as yields recede from 16-year highs: Stock market news todayThe 10-year Treasury yields passed a key milestone on Monday morning but whipsawed lower in a volatile day for bond market action.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks rise amid earnings deluge, with big techs to come: Stock market news todayStocks rose as investors await results from Microsoft and Alphabet, the highlights in an avalanche of earnings reports Tuesday.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

US futures rise amid earnings deluge, with big techs to come: Stock market news todayEyes are on results from Microsoft and Alphabet, the highlights in an avalanche of earnings reports on Tuesday.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks rise amid earnings deluge: Stock market news todayStocks rose as investors awaited results from Microsoft and Alphabet, the highlights in an avalanche of earnings reports Tuesday.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks rise amid earnings deluge, with Big Tech to come: Stock market news todayStocks rose as investors awaited results from Microsoft and Alphabet, the highlights in an avalanche of earnings reports Tuesday.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »