Bank of America clients poured $6.36 billion into equities and ETFs, despite market volatility.

Despite market volatility due to the Federal Reserve's policies, Bank of America clients invested heavily in equities and ETFs last week, marking the second-largest inflow since 2008 and the largest since January 2017. Institutional and retail clients drove a $6.36 billion four-week moving average inflow, while hedge funds were net sellers. Tech, industrial, and consumer staple stocks saw the biggest inflows, whereas health care and consumer discretionary stocks experienced outflows.

3 months ago
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