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[Bank of America: Investors withdrew US$18.5 billion from US stocks in two weeks] October 28th, Bank of America customers sold a net US$3.5 billion of US stocks last week, after capital outflows reached US$15 billion in the previous week. Bank of America analysts Jill Carey Hall and Trey Brown said this round of selling was led by retail investors. The communications services sector, which includes Meta, recorded its largest weekly outflow since statistics began in 2018. The industrial sector also suffered a massive sell-off, with capital outflows occurring for the 13th consecutive week.
Global market intelligence 🕐 2026-10-28 22:45

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