According to Internet reports, according to Jin Shi, Bank of America's customers withdrew their funds from the U.S. stock market at the fastest rate in 10 weeks, reducing their risk exposure. As of the end of June, the S & P 500 500 recorded its best quarterly performance since 2023. Bank of America quantitative strategists, including Jill Carey Hall, wrote in a report released Tuesday that last week, all major customer groups, including institutions, retail investors and hedge funds, withdrew a total of $1.3 billion from U.S. stocks. Amid risk aversion in the market, uncertainty is growing about the sustainability of this round of rally. This rally has helped the S & P 500 rebound from its tariff-related lows in April and is now hovering near its highest overbought level since July 2024.