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Stock Rally Wavers | Bloomberg Open Interest 05/14/2025
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May 14, 2025
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Wall Street's rebound from April's meltdown is showing signs of exhaustion. Citi and JPMorgan are betting this year's biggest losers — small caps, tech hardware and homebuilders — will become short-term winners as trade tensions ease. Meanwhile, we may get a major breakthrough on Capitol Hill as House Republicans may reach a compromise on the state and local tax deduction, known as SALT. Is 2025 the year of the IPO Revival as EToro's upsized offering boosts investor sentiment.
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