Bank of America clients withdrew funds from US stocks for three consecutive weeks, the largest capital outflow since February.

AP, April 19-although the US stock market has continued its rally this year, Bank of America clients have withdrawn money from the stock market for the third week in a row. Bank of America clients pulled $800m out of the stock market last week, with the most significant outflows from institutional and individual investors, strategists such as Bank of America Jill Carey Hall wrote in a note to clients on Tuesday. On the sector side, investors sold the most in health care and industrial stocks, while technology stocks and materials led capital inflows. Despite the solid results of the large banks, the financial sector saw the largest weekly capital outflow since mid-February.