Hedge fund bears overrun S&P 500 as Greek talks falter, Fed meets on policy

New York

THE wall of worry has gone back up and hedge funds don't think US stocks will get over it this time.

They're expressing the view in futures tracking the Standard & Poor's 500 Index, where bearish positions outnumber bullish ones by the most in eight months. Scepticism has crept into an exchange-traded fund tracking the gauge, too, as short interest has climbed to the highest since October.