Retail investors successfully bottomed out in August? Tech stocks like NVIDIA benefited

Zhitong
2024.08.15 22:26
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Retail investors actively bottom-fished in the US stock market in August, especially showing strong interest in technology stocks. Despite significant declines in the S&P 500 Index, the Nasdaq Composite Index, and the Dow Jones Industrial Average at the beginning of August, retail investors still demonstrated a strong buying interest. According to Vanda Research data, retail investors are more inclined towards individual stock investments, especially in semiconductor stocks like NVIDIA, despite relatively subdued interest in the SPDR S&P 500 ETF. In addition, long-term Treasury bond ETFs have also begun to attract retail investors' attention