The selloff came as more than $2.7 trillion worth of options expired, an event which typically spurs heightened volatility.

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...

The team has found a number of opportunities within the biotech space, allocating 23% of assets to these stocks as of June 2024—well above the MSCI ACWI Health Care Index's 13.3%. The team added ...