S&P 500 Momentum Index drops 9%, faces worst quarter in 25 years

Verifying
  • S&P 500 Momentum Index lost more than 9% since July after leading AI stocks reversed.
  • 44% second-quarter gain was the index's largest quarterly increase on record.
  • Speculative investors' Nasdaq 100 futures net shorts reached their highest level in 20 years.
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