Hedge Funds Inch up 0.2% in July on Higher Markets

Aug. 7 (Bloomberg) -- Bloomberg's Kelly Bit reports that hedge funds posted gains last month as global stocks rallied after European Central Bank President Mario Draghi pledged to defend the euro. Funds climbed 0.2 percent in July, according to data compiled by Bloomberg. She speaks on Bloomberg's "Money Moves."

U.S. First-Quarter GDP Only Rose 0.7 Percent
49:14 - Bloomberg's Kathleen Hays reports on Fed policy and the state of the U.S. economy. She speaks on "Bloomberg Daybreak: Australia." (Source: Bloomberg)
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