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Futures, hedge funds pull back in Big Tech, Tesla: 3 Things

By Yahoo! Finance   |   Nov 15, 2024 at 09:40 AM EST
Futures, hedge funds pull back in Big Tech, Tesla: 3 Things

US stock futures are declining due to revised rate cut expectations post Jerome Powell's remarks and strong retail sales data. Hedge funds are reducing stakes in Big Tech like Amazon and Apple. Tesla and Rivian are in focus as President-elect Trump considers eliminating electric vehicle tax credit.

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