Investors exit stocks at fastest rate since March, 'tech fatigue' sets in: BOFA

The rebound has been powered by technology stocks but BofA said there were signs of “tech fatigue”. Tchnology stocks saw the first week of outflows so far this year, with investors redeeming $43 million worth, BofA said its weekly research note. Investors added $11.3 billion into bonds and $53.5 billion into cash in the past week, BofA said, with an internal indicator of sentiment at “extreme bearish”. …read more

Source:: Yahoo Finance

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