Retail Traders Step In to Buy as Others Flee in Tariff Rout
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The retail traders who have stormed the markets in recent years were among the only investors buying on Thursday as US stocks had their worst day since June 2020.
Small investors piled into many of their favorite assets, including Nvidia Corp. and the exchange-traded fund Vanguard S&P 500 ETF, as they bet that the market’s latest tumble will provide another contrarian opportunity for long-term gains, according to data tracking the users of Fidelity Investments’ brokerage.