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BofA data showed clients selling stocks in six of the 11 sectors. Technology (XLK) single stock outflows were led by private ...
It was the “largest weekly outflow in our data history since '08,” analysts said. BofA expects a continued leadership shift away from the sector. Selling in ETFs was led by energy (XLE).
Investors pulled $21.35 billion out of U.S. equity funds in the past week, the largest such outflow in three months, according to BofA Global data. Policy uncertainty from the White House and concerns ...
Investing.com -- Bank of America (BofA) said its clients were net sellers of equities for the second consecutive week, with total outflows reaching $2.9 billion as the S&P 500 declined 1.5%.
BofA is a classic Buffett stock, fitting his criteria for a well-run company that doesn't need to pump more and more money into the business to boost profit. That's what Moynihan is pointing out ...
BofA clients, including institutional investors and corporate clients, were net buyers of U.S. equities for a seventh ...
Bank of America said unmitigated earnings-per-share could tank 20% across the sector unless current tariff announcements are adjusted. Earnings are the chief driver of a stock's performance.
(Bloomberg) -- China’s stock rally may face a “meaningful correction soon” given its similarities with the 2015 boom and bust cycle, according to strategists at BofA securities. The Hang ...
Only Consumer Discretionary and Utilities saw net outflows, though BofA noted that Utilities appear attractive in the near term across both large-cap and SMID segments. Flows favored cyclical sectors ...
Investing.com -- Bank of America (NYSE:BAC) (BofA) said its clients were net sellers of equities for the second consecutive week, with total outflows reaching $2.9 billion as the S&P 500 declined 1.5% ...
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