Here's your summary from Hedge funds are selling tech and a jobless claims record #bloombergbrief #shorts (https://www.youtube.com/watch?v=ql2Vdn_8cdY) on the Bloomberg Television channel:
**TLDR:** Hedge funds are aggressively selling tech stocks, leading to market fluctuations, while jobless claims have reached a record high.
1. Hedge funds are selling tech stocks like Nvidia and Micron, causing market volatility.
2. Jobless claims have hit a record high of 1.84 million, indicating challenges in the growth narrative.
3. The market is anticipating a drop in yield with $44 billion worth of 7-year paper set to be released.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro nostr:npub1849ntz6s6gxrunv9tunnlurvfx7xk0mwvtzz4m2y7fu8gt7408dqsl0qen nostr:npub1tlvvdgm4csch9x3m0r3qsrll7zsaccl49c4gdz5qz9g3jz33l92ss4gp7z