Pension funds and endowments have been shifting away from the U.S. stock market for years. Some are now reconsidering that decision. Individual investors, including younger traders using apps like Robinhood, have been playing a bigger role in the market lately. They’ve been buying up companies including Tesla Inc., Apple Inc. and other technology shares. Large institutional investors like hedge funds and mutual-fund firms have also been buying, pushing the market higher.

Source: Wall Street Journal September 24, 2020 09:33 UTC