While the rally has been broad-based, growth stocks are the clear winners. Growth funds generally tend to outperform during an uptrend, pushing many ETFs to new all-time highs.
Schwab (SCHW) posts a substantial rise in core net new assets balance in May 2024. The company also reiterates Q2 revenue guidance.
Respondents credit easier online access to trading and bank accounts, and more ways to invest. That confidence doesn’t extend to financial advice from online influencers.