BofA client inflows lift SPY, DIA and QQQ to 2008-era pace
Bank of America clients were net buyers of U.S. equities for the second consecutive week, including SPY, DIA and QQQ, with inflows totaling $3.9B and the biggest inflows since mid-July.
S. equities AMEX:SPY, AMEX:DIA and NASDAQ:QQQ for a second straight week last week, lifting inflows to their highest level since mid-July and the sixth-largest in the firm’s weekly records dating back to 2008. 9B in single stocks...