Hedge Funds Buy Commodity Stocks at Fastest Pace in Five Months, Says Goldman

Hedge funds bought commodity sensitive stocks in the week to July 5 at the fastest pace in five months, said a Goldman Sachs note to clients seen by Reuters on Monday. Energy stocks fell last week as Tropical Storm Beryl battered the Caribbean. Chevron Corp, Exxon Mobil and Shell all declined between about 0.5% and just over 1.5% over the … Read more