On Wall Street, information technology led 10 of the 11 S&P 500 industry groups higher. Energy sank.
“In our view, retail investors’ flows have been a major driver of the rebound in equities in the last few days,” according to Vanda Research. “The aggregate buying has been consistently above the YTD average, while the focus was on classic tech stocks such as TSLA, NVDA, AAPL, AMD, and AMZN.”
Vanda said earnings season and positive…