Website 👉 https://u-s-news.com/
Telegram 👉 https://t.me/usnewscom_channel
LONDON (Reuters) – Investors pumped $25.1 billion into cash in the week to Wednesday, bought $5.6 billion of bonds and shed $7.7 billion of stocks, according to a report from BofA Global Research on Friday.
Inflows to cash funds are still hefty, but they have slowed down compared to earlier this year. A total of $151 billion went into money market funds over the last four weeks versus $404 billion in the four weeks after Silicon Valley Bank collapsed in March.
The report also showed U.S. Treasuries clocking up 14 straight weeks of inflows, with investors buying $4.3 billion in the week to May 17.
A total of $1.1 billion went into tech stocks, marking a fifth week of inflows, as investors chose growth names over value.
BofA said its bull and bear indicator – a measure of market sentiment – jumped from 3.4 to 3.5 – its highest level since March 14.
(Reporting by Lucy Raitano; Editing by Amanda Cooper)
Woke & Liberal News is Fake News
You will find it on:
CNN - CBS - MSNBC - ABC - The New York Times - The Washington Post - Facebook - Twitter and more
They ALL SUCKS and simply DO NOT tell you the truth PERIOD
WARNING! If you usually get your news from one of these so-called "News Services" Welcome to you, but be prepared for big surprises!
eg. 2+2 is not 5 or 22 but 4 - There is not 57 different genders, only 2
KNOWLEDGE is POWER / REAL NEWS is KEY
Help your friends, family and the truth by sharing this article.