Retail bought stocks at largest level over the past decade, JPMorgan says

NEW YORK (Reuters) – Retail investors bought $4.7 billion in stocks on Thursday, the highest level over the past decade, JPMorgan said in a note on Friday.

The “buy-the-dip” move was in stark contrast to the 2020 March sell-off, triggered by the COVID pandemic.

(Reporting by Carolina Mandl, in New York)