The stock market’s record-breaking run paused in June, but retail investors kept on the gas, new data from Charles Schwab shared exclusively with Axios shows.
Why it matters: The monthly report shows that retail investors continue to buy dips in the market and favor tech stocks even as worries about an AI bubble persist.
By the numbers: The Schwab Trading Activity Index, or STAX, increased to 59.12 in June, up 7.33% from May’s score of 55.08.