Goldman Sachs: Hedge funds bought US stocks last week at the fastest pace in six months

According to Goldman Sachs' prime brokerage division, hedge funds bought US stocks last week at the fastest pace in six months, as the S&P 500 continued its record-breaking rally. Goldman Sachs traders stated in a client report that the change in trading volume was driven by a combination of long buying and short covering in index products and exchange-traded fund products. Short positions in US-listed ETFs decreased for the second consecutive week, falling by 0.6%. Continued strong investment enthusiasm surrounding AI infrastructure construction, coupled with better-than-expected earnings performance, has jointly fueled the ongoing rise in US stocks. The S&P 500 has risen for nine consecutive weeks, its longest winning streak since 2023. Meanwhile, the tech-heavy Nasdaq 100 index has gained over 20% this year. (Jinshi Data)