Bank of America clients sold U.S. stocks for a second straight week, the largest since late 2020 and the company's second-largest net sale since data began in 2008, as uncertainty over the economic outlook intensified. Institutional, hedge fund and retail clients all reduced their holdings in U.S. stocks for the week ended Aug. 30, selling a net $8 billion, quantitative strategist Jill Carey Hall and others said in a report Wednesday. ETFs recorded outflows for the first time since June. In terms of sectors, technology stocks led the outflow, setting the largest outflow since May; energy stocks recorded the longest losing streak in the past six weeks; industrials recorded outflows in seven of the past eight weeks; only the communications services sector recorded inflows, and it was the longest continuous inflow of all S & P 500 sectors in 22 weeks.