[Goldman Sachs: Hedge Funds Bought U.S. Stocks at the Fastest Pace in Six Months Last Week] According to the prime brokerage division of Goldman Sachs Group, hedge funds purchased U.S. stocks last week at the fastest pace in six months, while the S&P 500 Index continued its record-breaking rally. Goldman traders noted in a client report that the shift in trading volume was driven by a combination of long buying in index products and exchange-traded funds (ETFs) as well as short covering. Short positions in U.S.-listed ETFs decreased for the second consecutive week, falling by 0.6%. The ongoing enthusiasm for investments in artificial intelligence infrastructure, coupled with better-than-expected earnings performance, has jointly fueled the sustained rise in U.S. equities. The S&P 500 Index has risen for nine consecutive weeks, marking the longest streak since 2023. Meanwhile, the tech-heavy Nasdaq 100 Index has gained more than 20% this year.