S&P 500 Pares Gain, Still Up 0.25%
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- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
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Hedge funds 'leaned more towards secular growth in January' - Jefferies
March 30, 2023 2:29 PM EDTJefferies analyst Steven DeSanctis said in a note to clients on Thursday that hedge funds leaned more towards secular growth in January.
"They increased weight to nearly 65% of portfolio, an OW of 21.8%, up from 17.1% last month," the analyst wrote, with the firm having assessed MSCI Hedge Fund data.
"Much of the increase in OW... More

