Equities see sizeable weekly inflows as BoFA warns of recession risks

(Reuters) Investors pumped in $18.9 billion into equities and $6.3 billion into bonds in the last week after weeks of outflows as BoFA strategists warned against reading too much into the recent rally in stocks. U.S. stocks (.SPX) bounced nearly 9% since mid-March, cutting their year-to-date losses to less than 5% by March 31 and bringing them to within striking distance of a record high struck in early January.

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