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Hedge Funds Suffer Steep Losses in October 2026 Stock Selloff

Global hedge funds posted one of their broadest daily drawdowns since the Covid pandemic after a stock market selloff on Thursday, October 23, 2026, according to Goldman Sachs prime brokerage data.

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Oct 23, 7:42 AM bloomberg.com Hedge Funds Suffer Widest Daily Drawdown Since Covid
Oct 22, 11:17 PM bloomberg.com Hedge Funds Log Widest Daily Drawdown Since Covid in Stock Rout
Oct 22, 2:04 AM marketwatch.com Why a JPMorgan strategist says the stock market’s tailspin might have run its course