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Stock market short sellers that helped fuel this year's rally are finally giving up

Stocks fell in the holiday-shortened week as solid data on the labor market and services activity rekindled concern the Fed will keep raising rates to tame inflation. Treasury yields hit fresh highs. All major equity benchmarks were in the red with the S&P 500 sliding 1.2%.
United States Christopher Metli Adam Phillips Ed Yardeni Savita Subramanian Yardeni Research

Stock Market Short Sellers That Helped Fuel This Year's Rally Are Finally Giving Up

(Bloomberg) -- A worrisome thought for the stock faithful: You won’t have the bears to kick around anymore.Most Read from BloombergRussia Is Disregarding IAEA Advice to Power Down Ukraine ReactorUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalApple Plans a Slow, Appointment-Only Rollout of Its $3,500 Vision ProMusk Ultimatum to Taiwan Imperils Its Push to War-Proof InternetChinese Scientists Are Trying to Shield Melting Glaciers From the SunFresh off the strongest firs...
United States Christopher Metli Savita Subramanian Adam Phillips Bloomberg Businessweek Ed Yardeni
Source: yahoo.com

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