Bank of America: The inflow of funds into tech stocks reaches a record high of $26 billion

ChainCatcher news, according to Jinshi reports, the Global Research Department of Bank of America stated in a report that in the latest week, global stock markets saw an inflow of $26 billion, with technology stocks attracting $9.3 billion, setting a record for the largest weekly inflow in the industry's history. Despite the U.S. government shutdown due to the congressional funding deadlock, expectations for a Federal Reserve interest rate cut drove stock prices up, with both U.S. and European stock markets soaring to historical highs this week. The gold market saw an inflow of $5.9 billion this week, pushing gold prices close to the historical high of $3,900.