• Reuters

    Hedge funds miss post-French election stock jump, Goldman Sachs data shows

    Hedge funds betting on a rise in banking shares abandoned trades last week at the fastest pace since May 2021, according to a June 28 Goldman Sachs note, meaning they missed the sector's rally on Monday after the first round in the French election. Long positions or bets on a rise in prices of banking and other financial stocks were ditched among the highest rates in five years in the week to June 27, particularly in Europe, said the note which only went to clients. European bank stocks rallied as much as 1.9% on Monday after Marine Le Pen's far-right National Rally (RN) party and its allies took a smaller lead than some expected in Sunday's first round, suggesting a hung parliament could result and hamper the party's agenda.

  • BBC

    Joe Biden's family urge him to stay in White House race

    Relatives of the president encourage him to ignore calls to step aside after a disastrous debate.

  • The Independent

    Man in critical condition after being bitten by shark while fishing in Florida

    The man, who is in his 40s, was on a boat fishing at the time of the attack