US stocks face renewed selling pressure this week from algorithmic funds, according to Goldman Sachs. These trend-following strategies are expected to remain net sellers, potentially triggering billions in outflows. Investor sentiment remains high, with markets nearing “max fear” despite a recent S&P 500 rebound.
Global Market: Euro zone bond yields hit near one-month high as oil surge fuels ECB rate hike bets
Euro zone government bond yields reached their highest levels in nearly a month. This rise followed a sharp jump in oil prices and heightened inflation