The giants of hedge funds in the USA have encountered a series of failures! Brevan Howard has already lost 5% this year, a rare occurrence in history.
Since Howard co-founded Brevan Howard in 2003, the flagship Fund has only experienced a loss exceeding 5% in one year. Since Trump was elected President of the USA last November, geopolitical turmoil and volatility in the Global market have significantly increased, and the performance of the fundamental long-short Fund has recently recorded its largest decline since May 2022.
U.S. stocks closed mixed: the three major Indexes showed varied performance, with Technology stocks rebounding strongly and the Nasdaq rising over 1%.
① Only the Dow Jones index slightly declined among the three major indices, while the Nasdaq rose by over 1%; ② Large Technology stocks generally increased, with Tesla rising by more than 7%; ③ Intel surged by 12% in after-hours trading, and the company appointed Chen Liwu as CEO.
Inflation data boosts U.S. stocks. Analyst: Another major risk in the market still looms.
The recently released moderate inflation data may provide a temporary boost to the market, but investors still need to be cautious.
Wall Street Today: Nasdaq and S&P 500 Rise Amid Tech Rebound and Tame Inflation Report
Express News | U.S. Index Futures Surge After CPI Data; Tesla Jumps 6%.
US Morning News Call | Trump Halts 50% Tariff Plan on Canadian Steel and Aluminum
