Here’s What Dip Buyers Bought Amid Last Week’s Stock Sell-Off | Global News Avenue

Last week’s dip buyers showed spades last week, according to Bank of America’s customer fund traffic data.

It was a net buyer of U.S. stocks for the seventh consecutive week last week, including institutional investors and corporate clients. They bought personal stocks, ETF As a benchmark S&P 500 Slide in to correct This is the first time since 2023.

Private customers have become buyers for the 14th consecutive week, the longest startup purchase connection record they can trace back to 2008. Institutional Clients Net seller returns to purchase after two weeks. Hedging fundsMeanwhile, insist on selling for the fifth consecutive week.

The sell-off last week emerged out of fear of increasingly recession. Investors and economists are picky that tariffs can slow economic growth and Increase pricesincrease the risk of the US economy entering a period of timeStagnant. “Consumers are also increasingly worried about tariffs –Inflation expectations have soared In recent months, consumer confidence has dropped to The lowest level since 2022.

BOFA customers buy more cyclical than defensive stocks

However, most of last week’s equity purchases went against the narrative-driven market. BOFA customers buy more consumers and other stocks Periodic Department Compared to the defense department. Consumer staple food, classic Defense Departmentis one of only two divisions that investors sold last week. On the other hand, cyclical people lead the purchase. Energy recorded its biggest inflows since March 2023, and technology saw its biggest inflow since July 2023.

However, small ETFs have seen the biggest outflow since July 2022, indicating that investors are cautious. Little hat More sensitive than the big hat to slow down in consumer and business spending.