Retail Traders Keep Plowing Into US Stocks, But Pace Is Slowing
Individual investors were plowing cash into their favorite stocks and exchange-traded funds on Friday, betting that a market selloff triggered by US President Donald Trump's trade war would present a buying opportunity in the long run.
The group snapped up shares of Nvidia Corp. and Amazon.com Inc. amid a two-day slide that's wiped out more than $500 billion between the two companies, according to data tracking the users of Fidelity Investments' brokerage. They also added to market-tracking ETFs like the Vanguard S&P 500 ETF and the SPDR S&P 500 ETF Trust in another contrarian bet.
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