GameStop shares soar more than 20%, on track for fifth day of gains
Published date: March 17, 2025
- Location: 8090, Hyderabad, Telangana, India
March 8 (Reuters) - Hedge fund manager David Tepper said it is difficult to be bearish on stocks at present and the recent selloff in U.S. Treasuries that drove up interest rates is over, CNBC reported on Monday, citing an interview with the billionaire. website Government stimulus and a countrywide coronavirus vaccination program have fueled expectations of an economic rebound in the United States, pushing Treasury yields higher in recent weeks. The major market risk has been removed, Tepper told CNBC, and rates should stabilise in the near term.
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