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Charles Schwab: Retail investors are currently more focused on trading technology stock ETFs rather than individual stocks

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ME News Report, June 23 (UTC+8), Monday, investors are selling off shares of the "Big Seven" in the United States, with SpaceX dropping 16% and closing lower for the third consecutive trading day. "Any field related to artificial intelligence and technology remains a focus for retail investors. They were highly active in individual stock trading in the past, but now they are no longer as active as before," said Liz Ann Sonders, Chief Investment Strategist at Charles Schwab. "This is not because they are uninterested in the overall technology or artificial intelligence sectors, but because trading methods have changed. I believe the current focus is more on broader ETF trading rather than buying and selling individual stocks." Sonders also stated that corporate earnings remain the most important fundamental factor supporting stocks at present. (Jin10) (Source: ODAILY)
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