Tech stocks attract second-largest weekly flows on record -BAML
(WorldNews Business)

By Claire Milhench LONDON, Sept 22 (Reuters) - Technology stocks attracted $1 billion in the week to Wednesday, their second largest inflow on record, Bank of America Merrill Lynch (BAML) data showed on Friday, after Apple launched a new iPhone and chipmakers rallied. The technology sector has been the best performing on the S&P 500 this year, up more than 25 percent, far outpacing the broader index`s 11.7 percent growth. Tech stocks surged last Friday after two days of declines, helped by a 1 percent rise in Apple Inc, its first gains since the launch of its iPhone X. Nvidia led a rise in chipmakers, jumping over 6 percent...