S&P 500 Erases Decline, Up Slightly

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Large Cap Lead the Largest Inflow to Stocks ($51.2B) Since March, Highest Cash Outflow in 14 Months - BofA Flow Show

September 17, 2021 6:43 AM EDT

Last week marked another strong inflow to equities, notes BofA Chief Investment Strategist Michael Hartnett.

As much as $51.2 billion went into stocks last week, which marks the biggest number recorded since March this year. On the other hand, the market facilitated the largest outflow from cash since July 2020 ($61.8 billion). Elsewhere, $16.1 billion went into bonds and $37... More