Wall Street Mega-banks ditch $19 billion of stocks in Block Trade Selloff

Goldman Sachs and Morgan Stanley have reportedly sold $19 billion worth of shares in Chinese tech and US media companies. Traders are now wondering what caused the unusually massive move and whether it will continue next week. Goldman Sachs alone liquidated $10.5 billion worth of stocks in block trades on Friday, Bloomberg reported citing the … Continue reading Wall Street Mega-banks ditch $19 billion of stocks in Block Trade Selloff