Speculators Reverse Big Nasdaq Short
A sign listing local businesses to support is displayed on the Nasdaq MarketSite in the Times Square neighborhood of New York, U.S. (Photographer: Jeenah Moon/Bloomberg)

Speculators Reverse Big Nasdaq Short

(Bloomberg) -- Hedge funds have pulled back from one of the biggest short positions in U.S. tech stocks in over a decade, in a near-record buying spree of Nasdaq futures last week.
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