【Bank of America clients adopt a defensive stance on U.S. stocks for the first time in six weeks】A team of strategists led by Jill Carey Hall wrote in a research report that Bank of America's clients have adopted a defensive stance on U.S. stocks for the first time in six weeks, net buying defensive sectors last week and selling cyclical sectors. Overall, clients were buyers with a net inflow of $800 million. There was inflow in technology, energy, healthcare, and consumer staples stocks. The largest outflow was in consumer discretionary stocks, followed by industrials and utilities.