Investors have pumped money into stocks and bonds over the past week, Bank of America Global Research said on Friday, but signs have emerged of fading buzz around artificial intelligence, investors selling tech stocks for the first time in 11 weeks.
Equity funds saw inflows of $2.2 billion in the week to Sept. 6, BofA said, citing data from provider EPFR, but tech stocks saw outflows of $1.7 billion. dollars, for the first time in 12 weeks.
Bonds saw a net inflow of $4 billion, and investors also placed $68.4 billion in cash, the largest inflow in nine weeks.
2023-09-08 06:26:15
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