The risk-off sentiment on Wall Street fueled the third-worst weekly outflow on record from U.S. equities, with technology shares falling out of favor. in a reversal from the previous week’s biggest inflow in more than two years, U.S. stock funds bled $25.8 billion in the week through Sept. 23, according to Bank of America Corp. and EPFR Global data. Investors exited the hottest sector of the rebound, pulling the most money out of tech funds since June 2019.

source url viagra nose stuffy creative writing course manchester university how do you say sildenafil nature of logic and perception essay buy revatio online here see improving critical thinking 26 july mumbai floods essay examples student behavior essay acquistare cialis con ricetta ciambellone see url essay writing on shinchan go to link click here lexapro when to take over the counter viagra boots uk qual o melhor levitra ieee research papers on computer networks personal essays online essay persistence success crestor diuretic effect peyton manning espy speech stating hypotheses in research paper louisville viagra get link While traders were buying the dip just a week ago, sentiment has switched firmly to risk off in recent sessions, with pessimism seeping in about the prospect of further fiscal stimulus to support the world’s biggest economy. The S&P 500 Index is on course for its fourth straight weekly drop, its longest losing streak in more than a year. That’s fueling U.S. equity underperformance versus Asia and Europe in September.

In a flight to haven assets, investors are pulling out of equities, as well as cash, to put their money into debt and gold. Bond funds received $1.3 billion in the most recent week, while the precious metal attracted $1.4 billion in inflows, the most since the flash crash in early August, according to the BofA report. Stocks overall bled $22.8 billion, the most since March. Still, strategists led by Michael Hartnett view this month’s market moves as a “healthy rather than dangerous correction.”
2 thoughts on “US Stocks See Third-Biggest Outflow Ever”
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