ME News Message, December 24, 2025 (UTC+8), Morgan Stanley analysts' data shows that so far in 2025, retail investors' funds invested in the U.S. stock market have increased by 53% compared to $197 billion during the same period last year, and are 14% higher than the peak of $270 billion during the retail trading frenzy in 2021. Meanwhile, another trading data from Morgan Stanley shows that this year, retail trading volume accounted for 20% to 25% of total trading volume, reaching a historical high of about 35% in April. Analysts indicate that as retail funds flowing into the U.S. stock market in 2025 are expected to set a record, individual investors have become the main driving force of the stock market rise; supported by expectations of interest rate cuts from the Federal Reserve, this upward trend may continue into next year. (Source: ME)