Investing.com -- US equities recorded their largest single-day inflow in five months on Wednesday, as Donald Trump was announced the winner of the presidential election, with $20 billion flowing into the market, according to Bank of America .
The tech sector managed a weekly inflow of $500 million, though it has experienced its largest cumulative outflow since 2002 over the last four weeks. Moreover, strategists also urge investors to “buy international stocks…as China eases fiscal policy & ECB cuts rates aggressively in anticipation of America First tariffs.”
By sector, financials led with $2.5 billion, whereas health care, consumer, and REITs faced outflows of $700 million, $1 billion, and $1.1 billion, respectively.
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