$7.6 billion in cash left equities in the week ending Wedneaday, which took the year-to-date outflow total to $204 billion.
Bank of America Merrill Lynch said in a research note Friday that its flagship sentiment indicator had tumbled from 2.4 to 1.3 and triggered a contrarian "buy signal" for risk assets.
The bank said this week's drop had been due to outflows in emerging market debt and equities, as well as a rapid rally in Treasury markets.A contrarian "buy signal" for risk assets, like equities, has been activated for the first time since January this year.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stocks are surging after China signals trade talks with the US could be back onChina would prefer to settle the issue and avoid further escalation of the trade war, its Commerce Ministry said.
Leer más »
Stocks fall for second day as investors watch yield curve, U.S.-China trade fight, BrexitStocks traded lower Wednesday as investors gauged the potential recession signal offered by the inverted U.S. Treasury yield curve, while the intensifying...
Leer más »
Tesla is selling car insurance to owners of its vehicles in CaliforniaOwners of Teslas can now buy insurance policies from the electric vehicle maker, in what may be an essential step toward Tesla selling driverless cars.
Leer más »
JetBlue rallies after an analyst upgrade, but some experts prefer this airline stockWith Deutsche Bank calling an 'attractive entry point' in shares of JetBlue, experts inspect other airline stocks for buying opportunities.
Leer más »
Stocks making the biggest moves premarket: Best Buy, Abercrombie & Fitch, Box, Disney & moreThese are the stocks posting the largest moves before the bell.
Leer más »
Stocks making the biggest moves midday: Best Buy, Dollar General, Guess, Boeing & moreThese are the stocks posting the largest moves midday.
Leer más »