US Stocks Post First Outflow Since March as Tech Trade Falters

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AI Fusion Summary

US equities experienced their first outflow since March as the artificial-intelligence trade cools. Bank of America reports $9B in withdrawals from US equity funds, with record exits from tech funds. This institutional repositioning during the tech selloff may indicate a broader de-risking trend. Such movements are impacting volatility across both equity and crypto markets, signaling a shift in investor sentiment as the previous momentum in technology stocks begins to falter significantly.
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