Retail investors keep chasing the stock market rally, rotating to EVs from AI: analysts

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Individual investors keep chasing a 2023 stock-market rally, but show signs of pivoting toward electric-vehicle makers and away from AI plays, research firm...

Individual investors keep chasing a 2023 stock-market rally, but are showing signs of pivoting toward electric-vehicle makers and away from artificial-intelligence plays, a Wall Street research firm said Thursday.

“We... Individual investors keep chasing a 2023 stock-market rally, but are showing signs of pivoting toward electric-vehicle makers and away from artificial-intelligence plays, a Wall Street research firm said Thursday. Monthly net inflows into U.S. equities now average $1.4 billion a day, they said, close to the record from last March at $1.5 billion, according to Vanda. While there appears to be little room for a further acceleration of cash equity purchases, there’s still room for more speculative buying via the options market, they said .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stock market faces more challenges in second half of 2023, UBS warnsUBS analysts warned the U.S. stock market faces a 'lackluster' second half of 2023 amid ongoing risks from chronic inflation and higher interest rates.
Source: FoxBusiness - 🏆 458. / 53 Read more »