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Wall Street Short Sellers Throwing In the Towel, Citigroup Says

(Bloomberg) -- Short-sellers are capitulating as the S&P 500 Index keeps hitting record highs and is set for its best year since 2021, according to Citigroup Inc. strategists.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsInvestor positioning in S&P 500 futures is “completely one-sided,” the strategists led by Chris Montagu wrote in a note. It’s “setting new highs for a fourth consecutive week an

Korean Stocks Lure Biggest Daily Foreign Inflow Since August

(Bloomberg) -- South Korea’s stock benchmark attracted its biggest foreign inflow in more than three months as strong US economic data bode well for growth in the export-oriented country.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsGlobal funds bought 539.6 billion won ($385 million) worth of Kospi Index members on a net basis on Tuesday, the most since Aug. 16. That boosted the measure 1.9% hi