Schwab Trading Index hits 4-Year High in June as Retail Investors Buy the Dip | LeapRate
Charles Schwab’s proprietary retail investor sentiment gauge hit its highest level in four years in June, as clients continued to buy market dips despite major indices closing the month with minor losses. The firm revealed on Monday that the Schwab Trading Activity Index (STAX) rose to 59.12 in June, up 7.33% from 55.08 in May,…