Hedge Funds Load Up on Tech Stocks Ahead of Rate Cuts
September 27, 2024 at 09:01 AM EDT
As the Nasdaq-100 continues to push higher, it doesn’t appear as though certain hedge funds are sensing any frothiness. Per a Reuters report, hedge funds continue to load up on technology stocks as rate cuts loom. Based on the report, said rate cuts should help increase spending as consumers can now borrow money at lower [...] The post Hedge Funds Load Up on Tech Stocks Ahead of Rate Cuts appeared first on ETF Trends .