Wall Street Stocks Face Correction
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stock marketsReuters
•Business
Business & Economics
Stock markets may face correction, says Goldman Sachs
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78% Informative
Roughly $2.7 trillion of U.S. stock market derivatives are due to expire on Friday .
Banks and intermediaries that help put on these bets have over $9 billion of hedges against these trades.
If investors do not renew their options bets, then intermediaries also have to unwind their hedges.
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89
Informative language
95
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