Retail investors start to join stock market rally, data shows

The S & P 500 is up more than 6% over the past three months, and retail investors are finally getting in on the action. Data compiled by Vanda Research shows retail investors recently bought $1.48 billion in U.S.-listed stocks — a three-month high. The S & P 500 fell 0.6% on Wednesday ahead of a key House vote on a deal that would raise the U.S. debt ceiling.

We believe there's a growing chance they will." Iachini added that the macro outlook for stocks is improving as a tech rally driven by excitement over artificial intelligence broadens, uncertainty around the U.S. debt ceiling subsides and new data showing the economy is resilient.

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Stock market today: Wall Street futures point higher on debt deal, but some tremors in retailGlobal benchmarks were mostly higher Thursday after the United States House of Representatives approved a debt ceiling and budget cuts package, avoiding a default crisis.
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