U.S. Stock Trading Hasn't Spiked. That Could Fuel a Bigger Rout

  • Average of $352 billion crossed U.S. exchanges daily in May
  • Activity is still far lower than in three final months of 2018
Global Stocks Selloff After China Retaliates in Trade War
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The S&P 500 Index has fallen more than 4% during the last six days, but you wouldn’t know it from trading volume.

An average $352 billion has crossed U.S. exchanges each day this month through May 10, according to data compiled by Bloomberg. That might sound like a lot, but activity is still far lower than in October, November or December.