U.S. Tech Shares Slump on Earnings; Dollar Jumps: Markets Wrap
U.S. Stocks Advance as Day-Trader Frenzy Eases: Markets Wrap Bloomberg 1/28/2021 Vildana Hajric and Lu Wang (Bloomberg) -- U.S. equities mounted a comeback from their worst loss since October as moves to limit retail traders’ speculation in some companies opened the door for hedge funds to load up on stocks they had been ditching. Popular Searches The S&P 500 Index rose 1% after trading platforms restricted activity in stocks whipsawed by internet chatter, from GameStop Corp. to AMC Entertainment Holdings Inc. and American Airlines Group Inc. Hedge funds that had shorted t...
Source: msn.com