Reported 1 day ago
According to Citigroup strategists, short-sellers on Wall Street are giving up as the S&P 500 Index achieves record highs and looks set for its best year since 2021. With a significant rally driven by technology stocks, investor confidence in US equities remains strong despite ongoing bearish sentiment in European markets. Strategists note that while some investors are tentatively returning to Europe, skepticism remains amid economic challenges and political instability.
Source: YAHOO