The latest fund flow data show investors continue to favor the energy sector.
Healthcare and financials have seen heavy selling in recent weeks.
Despite a 3.3 percent gain by the S&P 500, Bank of America reports net outflows of $1.7 billion last week.
The client flow data is in for the first full week of October, and a pair of Wall Street firms is looking to recent data to determine market trends.
According to a new report by Credit Suisse analyst Lori Calvasina, healthcare outflows in September reached five-year lows, while funds continued to pile into the energy sector.
In a more recent report, Bank of America analyst Jill Carey reported client appetite ...
/www.benzinga.com/analyst-ratings/analyst-color/15/10/5909310/the-flow-data-is-in-investors-are-still-buying-energy-st alt=The Flow Data Is In: Investors Are Still Buying Energy Stocks>Full story available on Benzinga.com
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