Chile Officials Turn Up Heat on Pension Funds Following Losses

Chilean regulators opened an investigation into all seven of the country’s pension funds following heavy losses in the system’s most conservative funds. The pension regulator said Tuesday it will probe whether the AFPs, as the fund managers are known, failed in their...

Hedge Funds Cut Tech at Fastest Pace in a Decade, Goldman Says

Hedge funds retreated from tech stocks at the fastest clip in at least a decade, according to Goldman Sachs Inc.’s prime desk. In the five trading sessions through Oct. 15, hedge funds reduced their positions on tech stocks by the largest proportion in Goldman’s data...

Dollar Has Worst Week in Month With Warsh Quiet on Rate Path

The dollar’s monthlong rally ran out of steam this week after remarks from Federal Reserve Chairman Kevin Warsh failed to give the currency a lift. The Bloomberg Dollar Spot Index fell 0.2% on Friday, bringing its weekly decline to the largest since Sept. 4. The...

S&P 500 Suffers Worst Week Since June as AI Fears Hit Chipmakers

The S&P 500 Index dropped on Friday to cap its biggest weekly loss since June, as a spike in crude prices renewed inflation fears while worries about the viability of the artificial intelligence trade pressured chipmakers. The stocks benchmark sank 1.1%. A wipeout...