Traders shorting U.S. stocks made nearly $160 billion in six days."
Traders betting on falling stock prices have made a profit of US$159 billion in just six trading days after the escalating trade war caused the U.S. stock market to plummet more than 10%, Internet reported. According to data from S3 Partners LLC, U.S. stocks have seen their biggest decline since 2022 since Trump announced the comprehensive tariffs, with shorting the ETF (code SPY) that tracks the S & P 500 index becoming the most profitable short bet during the period. Ihor Dusaniwsky, managing director of S3 forecast analysis, said that overall, no matter which sector was shorted during this correction, it was profitable, with 81% of short transactions profitable, and up to 97% of short positions profitable in terms of amount.
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