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Bank of America clients sold $18.5bn of US stocks over two weeks, Jill Carey Hall and Trey Brown say

NewsFeeds update

Bank of America clients sold a net $3.5bn of US stocks last week, after $15bn of outflows the week before, with retail investors leading the selling, analysts Jill Carey Hall and Trey Brown said. Communication services saw its largest weekly outflow since tracking began in 2018.

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