US stock inflows hit three-month high
Investors rushed into US equities at the fastest pace in three months during the latest week while withdrawing funds from corporate bonds. Bank of America noted that shifting central bank policies and rising commodity prices present growing economic risks.
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Investors poured a net $63.8 billion into United States stocks during the weekly period ending Wednesday, marking the fastest allocation pace in three months. The capital surge occurred as global central banks shifted toward tighter monetary policy to combat persistent inflation.
