Arab Press

بالشعب و للشعب
Saturday, May 31, 2025

Retirement savers moving some money out of stocks, says Fidelity's personal investing president

Retirement savers moving some money out of stocks, says Fidelity's personal investing president

"We've seen in the last few months that there's more money on the sidelines" among retirement savers, says Fidelity's Kathleen Murphy.

The opposite is true of more active investors. She says they “lean into” market volatility and trade more.


The shift comes during a “roller coaster” year for the market on global economic uncertainty and the U.S.-China trade war, adds Murphy.

Fidelity clients saving for retirement are starting to move some money out of stocks in the recently volatile market, the brokerage’s personal investing president told CNBC on Friday.

“The average investor that doesn’t trade a lot that’s really looking to save for their retirement — we have millions of customers like that — we’ve seen in the last few months that there’s more money on the sidelines,” Fidelity’s Kathleen Murphy said. “More money is going into money market funds.”

Assets in U.S. money market funds, seen as being nearly as safe as bank accounts, hit their highest level since 2009, reaching nearly $3.36 trillion last month, according to a private report.

The shift comes during a “roller coaster” year for the market that’s seen dramatic drops and rises as global economic uncertainty spreads and the U.S.-China trade war drags on, Murphy added.

U.S. stock futures were pointing to a sharply higher Friday open on Wall Street, with President Donald Trump casting a positive view on the China trade talks. Earlier this week, stocks were on an unsure path following both positive and negative reports ahead of the talks.

“We’ve seen in the last few months that there’s more money on the sidelines,” Murphy said. “I think people are trying, they are staying the course, which is great. They’re not panicking. But I think they are in a little bit of a wait and see mode.”

However, the opposite holds true for active traders, added Murphy, saying they “lean into” the volatility and trade more. “When there’s volatility in the market, they get busy trading,” she said of Fidelity’s “more active investors.”

Fidelity Investments on Thursday announced that it’s offering zero-commission online trades as the brokerage industry moves toward low-fee systems.

The company eliminated commissions on all of its trades involving stocks, options and exchange-traded funds. The news follows Charles Schwab, E-Trade, TD Ameritrade and Interactive Brokers, which all announced similar moves.

Murphy said Fidelity won’t sell clients’ stock trade information to hedge funds to make up for offering zero fees.

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
Head of Gaza Aid Group Resigns Amid Humanitarian Concerns
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
Netanyahu Accuses Starmer of Siding with Hamas
Calls Grow to Resume Syrian Asylum Claims in UK
UAE Offers Free ChatGPT Plus Subscriptions to Citizens
Denmark Increases Retirement Age to 70, Setting a European Precedent
Iranian Director Jafar Panahi Wins Palme d'Or at Cannes
Israeli Airstrike Kills Nine Children of Gaza Doctor
Lebanon Initiates Plan to Disarm Palestinian Factions
Iran and U.S. Make Limited Progress in Nuclear Talks
Trump Administration's Tariff Policies and Dollar Strategy Spark Global Economic Debate
OpenAI Acquires Jony Ive’s Startup for $6.5 Billion to Build a Revolutionary “Third Core Device”
Turkey Weighs Citizens in Public as Erdoğan Launches National Slimming Campaign
UK Suspends Trade Talks with Israel Amid Gaza Offensive
Iran and U.S. Set for Fifth Round of Nuclear Talks Amid Rising Tensions
Russia Expands Military Presence Near Finland Amid Rising Tensions
Indian Scholar Arrested in Crackdown Over Pakistan Conflict Commentary
Israel Eases Gaza Blockade Amid Internal Dispute Over Military Strategy
President Biden’s announcement of advanced prostate cancer sparked public sympathy—but behind closed doors, Democrats are in panic
Mount Lewotobi Laki-Laki Erupts Again, Spewing Ash Cloud over Flores Island
Indian jet shootdown: the all-robot legion behind China’s PL-15E missiles
The Chinese Dragon: The True Winner in the India-Pakistan Clash
Australia's Venomous Creatures Contribute to Life-Saving Antivenom Programme
The Spanish Were Right: Long Working Hours Harm Brain Function
Did Former FBI Director Call for Violence Against Trump? Instagram Post Sparks Uproar
US and UAE Partner to Develop Massive AI Data Center Complex
Apple's $95 Million Siri Settlement: Eligible Users Have Until July 2 to File Claims
US and UAE Reach Preliminary Agreement on Nvidia AI Chip Imports
President Trump and Elon Musk Welcomed by Emir of Qatar Sheikh Tamim with Cybertruck Convoy
Strong Warning Issued: Do Not Use General Chatbots for Medical, Legal, or Educational Guidance
NVIDIA and Saudi Arabia Launch Strategic Partnership to Establish AI Centers
Trump Meets Syrian President Ahmad al-Shara in Historic Encounter
US and Saudi Arabia Sign Landmark Agreements Across Multiple Sectors
Why Saudi Arabia Rolled Out a Purple Carpet for Donald Trump Instead of Red
Elon Musk Joins Trump Meeting in Saudi Arabia
Trump says it would be 'stupid' not to accept gift of Qatari plane
Quantum Computing Threatens Bitcoin Security
Michael Jordan to Serve as Analyst for NBA Games
Senate Democrats Move to Censure Trump Over Qatar Jet Gift
Hamas Releases Last Living US Hostage from Gaza Amid Ongoing Conflict
×