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Short Selling Rises as Stock Prices Climb
AP reports a trio of market factors: record short interest on the NYSE and ASE, earnings showing declines for many firms, and a broad rise in stock prices driven by inflation expectations. From 42 companies, first-half earnings drop 9 percent. meat packers show a bright spot with 9 percent profit upturn.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
New York Stock Exchange
American Stock Exchange
Bears
Oper