US Equity Buying Spree Hits Record Levels as Institutional Investors Lead the Charge
The US equity market witnessed a historic buying spree last week, with total ETF and single-stock purchases soaring to $5.9 billion—far surpassing the 52-week average of $2.3 billion. This surge, reported by BofA Securities, pushed the 4-week average inflows to $2.8 billion, highlighting exceptionally strong market sentiment. Institutional investors led the rally with $3.7 billion …