A whopping $20 billion flowed into US equity funds on Wednesday, the day Donald Trump claimed a decisive victory in the presidential election, according to Bank of America Corp. strategists.
That was the biggest daily addition in five months, strategist Michael Hartnett said in a note citing EPFR Global. Small-cap stocks — which are seen benefiting from Trump’s protectionist stance — attracted the biggest inflow since March, at $3.8 billion.
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