Short sellers recoup losses as rally in US stocks loses steam

Short sellers have been raking it in over the last 30 days as receding bets of an early interest rate cut by the U.S. Federal Reserve triggered a selloff in the equity market. Traders have made a mark-to-market profit of more than $25 billion up to Thursday from covering their short positions,…#usfederalreserve #ihordusaniwsky #s3partners #overalluscanadian #microstrategy #advancedmicrodevices #supermicrocomputer #exxonmobil #googleparent #alphabet
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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