November 6 - U.S. stocks showed signs of stabilizing on Friday as dip buying supported hard-hit AI-related stocks. However, the severity of this week's selloff left investors questioning whether the market has passed its worst phase. Before this week's sharp reversal, substantial capital had already flowed into the stock market. According to Bank of America strategist Michael Hartnett's team, equity funds attracted a cumulative $92.3 billion in inflows over the four weeks through Wednesday—the largest scale since June. The team maintained a risk-off stance, stating they would not turn more optimistic on the outlook for financial conditions until the Federal Reserve ends rate hikes, the U.S. 10-year Treasury yield falls below 4.5%, and oil prices drop below $80 per barrel.
