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Stock Trading Frenzy Has U.S. Volumes Near Peak Panic Levels

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Citi’s Levkovich Sees Cyclical Stocks as Big Stimulus Winners
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The frenzy of trading in U.S. equities is showing no signs of abating and looks set to surpass levels seen during the worst of the pandemic panic in March.

Over the last 20 days, an average 15.8 billion shares have traded each day on all U.S. exchanges, according to data compiled by Bloomberg. That’s just below the 16.1 billion average hit on March 25, which was the highest in at least over a decade, the data show.