Third-largest since 2008! US stocks see $11 billion single-week outflow, tech stocks hit hardest.

Zhito Finance APP has learned that last week, institutional investors significantly sold off individual stocks, with a total net outflow of 11 billion USD from US equities. Funds were concentrated in withdrawing from the technology sector, which is also the third-largest peak in single-week outflows from individual stocks in Bank of America's statistical history.