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U.S. Stock ETFs Try to Shake Off Hedge Fund Default Concerns

U.S. markets and stock exchange traded funds pared early morning losses by mid-Monday after banks warned they could incur heavy losses in response to a hedge fund’s default on margin calls. On Monday, the Invesco QQQ Trust (NASDAQ: QQQ) was up 0.2%, SPDR Dow Jones Industrial Average ETF...
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