Wall Street ends choppy day lower after jobs data

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Inflows to developed markets trending higher than into emerging markets - BofA

July 7, 2023 9:06 AM EDT

In the firm's Flow Show note Friday, BofA analyst Michael Hartnett said that for the first time since November 2022, inflows to developed markets $31bn past eight weeks are trending higher than into emerging markets.

The analyst revealed in the weekly flows section that $29 billion went into cash and $13... More