Charles Schwab: Retail investors are currently more focused on trading tech stock ETFs than individual stocks
Odaily Planet Daily News On Monday, investors dumped shares of the "Magnificent Seven" US stocks, and SpaceX also fell 16%, falling for the third consecutive trading day. "Any area related to AI and technology remains a key focus for retail investors. They used to be quite active in trading individual stocks, but they are no longer as aggressive as before."
Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, stated, "This isn't about a loss of interest in the overall tech or AI sector, but rather a change in their trading methods. I think the focus right now is more on broader ETF trading, rather than buying and selling individual stocks."
Sonders also mentioned that corporate earnings remain the most important fundamental factor supporting stocks at present. (Jin Shi)
