Hedge Funds Pile In as Big US Banks Soar to All-Time Highs

Published on July 1, 2025

US lenders are on a tear and hedge funds are snapping up shares at a furious pace, underscoring Wall Street’s increasing conviction that their record-breaking rally has more room to run.

Continue reading on website
Other news

Job Openings Unexpectedly Jump to Six-Month High

July 1, 2025
Job openings unexpectedly jumped to a six-month high in May, reaching 7.769 million vacancies, according to the latest Job Openings and Labor Turnover Survey (JOLTS). This marks the second straight monthly increase and was higher than the expected 7.320 million openings. Meanwhile, hires and layoffs declined, and quits increased.

US Job Openings Unexpectedly Rise to Highest Since November

July 1, 2025
US job openings unexpectedly rose in May to the highest level since November, largely fueled by leisure and hospitality, and layoffs declined, pointing to a stable labor market despite economic uncertainty.