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Record $58.1 billion pours into global equity funds: BofA

The investment bank said U.S. equities attracted $36.3 billion inflows, the highest ever, with large-cap funds taking in $25.1 billion in the week to Wednesday.

The risk-on mood triggered outflows from cash and gold. Cash funds lost $10.6 billion, while gold recorded its first outflows in two months with $800 million fleeing.


Source: Economy - investing.com

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