The U.S. retail investor index posts its largest drop since Trump's tariffs.
ChainCatcher news, according to Golden Ten Data, on Tuesday the Retail Favorites Index fell by 3.6%, marking the largest drop since April 10 and about three times the decline of the S&P 500 Index. This drop was mainly driven by Palantir's disappointing earnings report and "The Big Short" prototype Michael Burry disclosing short positions in both Palantir and Nvidia. In addition, the sharp plunge in bitcoin has further increased pressure on individual investors. The index, compiled by Goldman Sachs, includes stocks such as Palantir and Tesla.
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