Retail investors sold US mega-cap tech names on Monday; SpaceX fell 16%, marking a third consecutive daily decline. Liz Ann Sonders, chief investment strategist at Charles Schwab, said retail interest remains focused on AI and tech but trading has shifted from active single-stock bets to broader ETF trades. She added corporate earnings remain the primary fundamental supporting equities.

2026-06-23

Retail investors sold US mega-cap tech names on Monday; SpaceX fell 16%, marking a third consecutive daily decline. Liz Ann Sonders, chief investment strategist at Charles Schwab, said retail interest remains focused on AI and tech but trading has shifted from active single-stock bets to broader ETF trades. She added corporate earnings remain the primary fundamental supporting equities.