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Illustration: Aïda Amer/Axios
Stocks rallied like gangbusters in May, so it's perhaps not surprising that retail investors were net buyers of stocks for the month, new data from Charles Schwab shared exclusively with Axios shows. Yet investors also showed some caginess.
Why it matters: Investors remain bullish amid an AI-fueled rally that has lifted the S&P 500 and Nasdaq indexes to new highs, even as they may be seeking to limit their risk.
