Stocks suffer the biggest weekly outflow this year in the ‘Risk-off’ move: bofa
London (Reuters) – Investors pulled $ 2.8 billion from shares to the biggest weekly outflow this year on Wednesday to Wednesday, Bank of America announced on Friday, in stock of mood on global financial markets.
S & P 500 (^GSPC) The stock index has now fallen more than 10% of the recent maximum, putting it on the correct territory, as President Donald Trump is a SOW insecurity clogs among companies and investors.
Near: March 14 at 16:57:16 ADT
The US bond funds have received the biggest week of August from August to $ 6.4 billion, Bofa said in his weekly monitoring of notes flowing on and outside the world markets, citing the figures of EPFR data.
Bofa said it was a sign of a “risky” mood.
Investors especially pulled $ 2.8 billion from US shares, but invested $ 5 billion in European shares.
Real estate shares have suffered the largest outflow from May 2022 to $ 1.2 billion, while high -yield funds recorded the largest outflow at $ 2.3 billion in 12 weeks.
However, Bofa analysts said that this move part of the stock is still relaxed by more than $ 156 billion in influx in global capital funds.
(Reporting Harry Robertson, assembly of Alun John)