Investors sell tech stocks for first time in 11 weeks – BofA

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Equity funds saw $2.2 billion of inflows in the week to September 6, BofA said, citing data from provider EPFR, but tech stocks saw $1.7 billion outflow, the first in 12 weeks.

There was a net $4 billion inflow into bonds, with investors also putting $68.4 billion into cash, the largest inflow in nine weeks.