简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:By John McCrank NEW YORK (Reuters) – Individual investors were major buyers on Thursday as stocks sold off over concerns that the U.S. Federal Reserve would have to increase the size of interest rate hikes to tame inflation, which is running at a four-decade high.
div classBodysc17zpet90 cdBBJodivpBy John McCrankp
pNEW YORK Reuters – Individual investors were major buyers on Thursday as stocks sold off over concerns that the U.S. Federal Reserve would have to increase the size of interest rate hikes to tame inflation, which is running at a fourdecade high.pdivdivdiv classBodysc17zpet90 cdBBJodiv
pRetail investors were net buyers of 2.6 billion worth of stocks and exchange traded funds on Thursday, according to Vanda Research. It was the highest level of net buys ever recorded by Vanda, whose data goes back to January 2014, the company said.p
The top retail purchases during the selloff, which erased all of the gains from a relief rally on Wednesday when the Fed raised rates by 0.5, were: the SPDR S&P 500 ETF Trust, the Invesco QQQ Trust Series 1 ETF, and Apple Inc. p
QQQ ETFs track the techheavy Nasdaq 100 Index, which is down more than 21 yeartodate. Retail investors were divided on which direction it would head next. p
The fourth most popular retail purchase on Thursday was the ProShares UltraPro QQQ ETF, which corresponds to three times 3X the daily performance of the Nasdaq 100, while the sixth most popular pick was the ProShares UltraPro QQQ Short ETF, which is a 3X bet against the index.p
The S&P 500 Index dropped 3.6 on Thursday, and is down around 13 yeartodate.p
Reporting by John McCrank Editing by Chizu Nomiyamap
divdivdiv classBodysc17zpet90 cdBBJodivdivdiv
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.