<p>Citigroup strategists stated that as the S&amp;P 500 index continues to hit new highs, it is set to achieve the largest annual gain since 2021, and short sellers in the U.S. stock market are losing their footing. &#34;Investor positioning in S&amp;P 500 futures is completely one-sided,&#34; Chris Montagu wrote in the report. &#34;The U.S. stock market has hit new highs for the fourth consecutive week, and more and more short sellers are choosing to capitulate.&#34;</p>

<p>Citigroup strategists stated that as the S&P 500 index continues to hit new highs, it is set to achieve its largest annual gain since 2021, and short sellers in the U.S. stock market are losing their resolve. "Investor positioning in S&P 500 futures is completely one-sided," Chris Montagu wrote in the report. "The U.S. stock market has hit new highs for the fourth consecutive week, and more and more short sellers are choosing to capitulate."</p>

The surge in US stocks is unstoppable, and Citigroup says more and more short sellers are raising the white flag