U.S. stocks showed tentative stabilization on Friday as dip-buyers supported beaten-down AI names, but the depth of this week’s sell-off leaves doubt over whether the worst is past. BofA strategist Michael Hartnett’s team says equity funds drew $92.3bn over the four weeks through Wednesday, the largest inflow since June. The team retains a risk-off stance and will not turn more constructive on the financial backdrop until the Fed stops hiking, the U.S. 10-year Treasury yield falls below 4.5% and

U.S. stocks showed tentative stabilization on Friday as dip-buyers supported beaten-down AI names, but the depth of this week’s sell-off leaves doubt over whether the worst is past. BofA strategist Michael Hartnett’s team says equity funds drew $92.3bn over the four weeks through Wednesday, the largest inflow since June. The team retains a risk-off stance and will not turn more constructive on the financial backdrop until the Fed stops hiking, the U.S. 10-year Treasury yield falls below 4.5% and oil trades under $80/bbl.