Global Markets: Stocks fall on long-short battle, European vaccine row


European stocks and U.S.

stock futures fell on Friday and the safe-haven dollar looked set for a weekly gain as a Wall Street battle between hedge funds and retail investors and a row in Europe over COVID-19 vaccine supply cooled risk appetite. Wall Street has been gripped by a coordinated assault by small traders organising over online forums, such as Reddit, to force hedge funds to reverse short positions - or bets that stocks would fall - on companies such as GameStop and AMC Entertainment. The attack comes after central bank and.....

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