Reported about 13 hours ago
U.S. equity funds saw their largest outflows in three months, totaling $18.43 billion for the week ending June 18, driven by escalating tensions between Israel and Iran and investor concerns regarding economic risks from high tariffs. Notably, large-cap funds faced the highest withdrawals at $19.38 billion, while sectoral funds drew in $855 million in net inflows. Bond fund inflows also hit a seven-week low, with mortgage funds witnessing a notable increase in demand.
Source: YAHOO