Stock market live Friday: Dow down 220, JPMorgan sees ‘sell signals,’ hedge funds buy tech
Traders and financial professionals work ahead of the closing bell on the floor of the New York Stock Exchange.
Drew Angerer | Getty Images
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8:33 am: Hedge funds are crowding into a few stocks
Goldman Sachs notes that “the typical hedge fund now carries 69% of its long portfolio in its top 10 positions, up from 55% in 2005.” Top favorites of…
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