Retail investors net sold $338 million in individual stocks... the largest since March 2020

Retail investors sold a net $338 million of individual stocks on November 5, the largest single-day outflow since March 2020, according to Vanda Research data taken roughly an hour before the close and therefore not final. The figure covers single stocks only and excludes ETFs, so it is distinct from overall equity fund flows. The selling came as technology shares led a sharp market decline, with the Dow Jones Industrial Average dropping about 1,800 points to erase its post-midterm-election gains and the Nasdaq Composite entering correction territory. The move signals retail investors trimming tech exposure during the selloff, and the finalized end-of-day flow figures will show whether the exodus deepened into the close.