Retail investors remained resilient during market turbulence, showing interest in tech companies like Nvidia and Intel

From Nasdaq: 2024-08-09 11:52:34

Retail investors showed resilience in the face of stock market turbulence, buying shares of popular tech companies like Nvidia and Intel despite market turmoil. Reports indicate continued interest in equities, with Robinhood clients depositing $500 million during the recent selloff. However, technical glitches on retail platforms caused concerns about reliability under stress.

Amid market recovery, retail investors turned to safe-haven assets like Treasury bonds, indicating a shift in sentiment towards more secure investments. Alight Solutions noted 401(k) investors reallocating funds to money markets, reflecting a broader trend of risk aversion among retail investors. Their behavior during volatility will be closely monitored for future market impact.



Read more at Nasdaq: Retail Investors Hold Firm Through Market Rollercoaster, Data Shows