Retail investors remain unfazed by recent market turmoil

Amid market recovery

Recent global market volatility failed to spook retail investors who bought the dip in the first couple of weeks of August as tech stocks plummeted.

Retail investors have grown used to riding the wave of the peaks and troughs over the last few years, from pandemic era paranoia to various macroeconomic events, including two ongoing wars.  When the S&P 500 plummeted by 5.9%, Nasdaq by 8% and the Tokyo's Nikkei 225 slid by as much as a 12% in the first five days of trading in August, according to data from MarketWatch, retail investors overwhelmingly opted against trimming their portfolios.  'Today is going to be carnage': How funds dealt with a week of market volatility Instead, many took advantage of the fire sale was underway w...