1113 GMT - Long positions that bet on gains in the so-called Magnificent Seven big tech stocks remain the most crowded trade in March, Bank of America's global fund manager survey shows. Long Magnificent Seven, which includes Apple, Google parent Alphabet and Amazon, has been considered the most crowded trade since April 2023. However, the share of survey respondents who say this is most crowded trade fell to the lowest since November 2023. Long EU stocks is considered the second most crowded trade followed by long crypto. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
March 18, 2025 07:13 ET (11:13 GMT)
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