🇺🇸 Equities are seeing a clear flow shift toward exits, with no fresh inflows and two notable outflows. The dominant move is from the Cro...

🇺🇸 Equities are seeing a clear flow shift toward exits, with no fresh inflows and two notable outflows. The dominant move is from the Cross-Sector Innovation Focus theme, led by $AAL (American Airlines Group, Inc.), which has exited with a hefty $154 million. Meanwhile, the bid cluster remains flat, indicating little investor interest in buying at current levels. This suggests a cautious tone, especially as the largest exit is concentrated in a single theme. The focus now shifts to whether this outflow can trigger broader weakness or if it remains a one-off. Next, watch for any signs of renewed bid activity or additional exits that confirm whether the selling is spreading beyond the initial theme.