According to online reports, a team of strategists led by Jill Carey Hall wrote in a research report that Bank of America's customers took a defensive stance on U.S. stocks for the first time in six weeks, net buying defensive sectors and selling cyclical sectors last week. Customers are generally buyers, with net inflows of US$800 million. Technology, energy, health care and consumer necessities stocks all poured in. Consumer discretionary stocks had the largest outflows, followed by industrial stocks and utilities stocks.