BondBloxx US High Yield Telecom Media Technology Sector ETF Price & Performance (XHYT)

U.S. technology, media, and telecom stocks have experienced the largest two-week reduction in hedge fund positions since last July. This activity, which includes both long and short positions, marks a significant shift in investor sentiment within these sectors.1

February retail sales in the U.S. exceeded expectations, driven by robust consumer spending on essentials and discretionary items. This growth highlights resilience in the economy despite ongoing inflationary pressures and rising interest rates.

Global oil prices rose sharply as supply disruptions in key producing regions fueled market concerns. The increase underscores the vulnerability of energy markets to geopolitical tensions and unexpected production halts.