Bank of America: in June, investors invested $45 billion in shares

In June, the volume of investments in the stock market amounted to $ 45 billion, which was the largest inflow in a year amid dissipating fears of a recession, according to an estimate by Bank of America (NYSE:BAC), writes Business Insider.

Meanwhile, inflation in the US has started to decline, which gives investors more optimism. According to CPI data for June, inflation fell to 3%, which contributed to the investment of $12 billion in stocks in just one week this month — this was the maximum volume for the month since March 2022.