Wall Street Traders Say Positioning Not Peace Is Driving Stocks
Wall Street’s largest trading desks say the extremely bearish positioning in equity markets going into the end of the quarter was the main driver of Tuesday’s big rebound in US stocks, rather than a shift in investor sentiment over the Iran war.
Wall Street’s largest trading desks say the extremely bearish positioning in equity markets going into the end of the quarter was the main driver of Tuesday’s big rebound in US stocks, rather than a shift in investor sentiment over the Iran war.
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