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Bill Ackman turned a $27M COVID-era credit hedge into $2.6B, then bought discounted stocks during the 2020 market crash.
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U.S. stocks eye a higher open as Iran signals possible Hormuz reopening and nuclear talks; Akamai surges on $11.6B Anthropic deal.
Three sectors are higher and eight are lower in Thursday’s regular session, with growth, cyclical and defensive sectors each represented among the top three. The leaders are separated rather than
Stocks pared a sharp morning selloff after sources said US and Iranian negotiators are discussing a phased deal to reopen the Strait of Hormuz.
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Treasury yields hit 5%, raising rate risks for ETFs. Experts explain why short-term Treasury ETFs such as SGOV are gaining appeal.