Goldman Says Hedge Funds Use Rally in US Stocks to Offload Risk

(Bloomberg) -- Hedge funds are using the US equity rally to reduce risk, according to traders on Goldman Sachs Group Inc.’s prime brokerage desk.Most Read from BloombergThe Billion-Barrel Hormuz Oil Shock Is About to Crash DemandSergey Brin Confronted Gavin Newsom at a Treehouse Party — Then Launched a Political WarGunman Detained, Trump Evacuated After Shooting at Press DinnerIran Offers Deal to US to Reopen Strait and Delay Nuclear Talks, Axios SaysUS Stocks Hold Highs as Busy Earnings Week St