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YOLO Crowd's Record Dip Buying Binge Calms a Jumpy Stock Market

YOLO Crowd's Record Dip Buying Binge Calms a Jumpy Stock Market

Bloomberg19-05-2025
Retail traders went on a record dip buying spree Monday, reversing a 1% decline in the S&P 500 Index triggered by the US credit downgrade from Moody's Ratings late last week.
Individual investors purchased a net $4.1 billion in US stocks through 12:30 p.m. in New York, the largest level ever for that time of day — and broke the $4 billion threshold by noon for the first time ever, according to data compiled by JPMorgan Chase & Co. quantitative and derivative strategist Emma Wu.
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