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BofA clients sell US equities for the 2nd consecutive week, real estate leads outflows

April 11, 2023 11:04 AM EDT

BofA analyst Jill Carey Hall said Tuesday that last week, the firm's clients sold US equities (-$2.3B) for a second consecutive week.

The note on BofA's equity client flow trends reveals there were outflows from both single stocks and ETFs, which saw the first outflows since early... More