Hedge fund index down 2.99%

By Gary Linnell

ProWEB Wire (Industry News)

The Hennessee Hedge Fund Index in May declined 2.99 percent.

This action came amid the Nasdaq Composite having dipped 8.29 percent, the Standard & Poor's 500 having dropped 8.20 percent, and the Dow Jones Industrial Average having fallen 7.92 percent.

Meanwhile, the Barclays Aggregate Bond Index rose 0.84 percent due to a rise in U.S. Treasuries, according to reports.