U.S. Equity Funds Surge Amid Corporate Earnings Optimism

Reported 8 days ago

U.S. equity funds experienced a significant influx of investor interest for the week ending November 13, 2024, driven by optimism surrounding Donald Trump's potential return to the presidency and its anticipated positive impact on corporate earnings. Investors poured a record $37.37 billion into these funds, marking the largest weekly net purchase since January 2014, particularly favoring small-cap and large-cap equities. Additionally, U.S. bond funds continued to see strong demand, while money market funds also recorded substantial inflows.

Source: YAHOO

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