Wall St closes slightly higher after four-day sell off

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Go back to Wall St closes slightly higher after four-day sell off

Despite Hartnett's warnings, BofA clients are still buying US stocks

December 20, 2022 7:49 AM EST

Jill Carey Hall, equity and quant strategist at Bank of America, said the firms clients continued to buy U.S. equities last week, when the S&P 500 reversed post-CPI gains to close 2.1% lower on the week.

BofA clients were buying stocks for the sixth consecutive week, driven by strong inflows in ETFs (the biggest week... More