Speculators’ Bullish U.S. Stock Bets Are Near Two-Year High
- More optimistic positioning followed a slide in the S&P 500
- U.S. election and aftermath are set to test fast-money bets
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Speculative investors boosted bullish wagers on the U.S. stock market to the highest level in almost two years, a sign that some saw the potential for the S&P 500 index to bounce back from a two-month slump.
Net long positions in S&P 500 e-mini futures in the week to Oct. 27 were the most since January 2019, Commodity Futures Trading Commission data show.