Stock market short sellers that helped fuel this years rally are finally giving up

Stock market short sellers that helped fuel this year’s rally are finally giving up https://ift.tt/vFwAohM fell in the holiday-shortened week as solid data on the labor market and services activity rekindled concern the Fed will keep raising rates to tame inflation. Treasury yields hit fresh highs. All major equity benchmarks were in the red with the S&P 500 sliding 1.2%.