US Equity Funds Experience Significant Weekly Outflows

Reported 22 days ago

In the week leading up to October 30, U.S. equity funds faced their largest outflow in five weeks, totaling $5.83 billion as investors remained cautious ahead of the upcoming presidential election and a Federal Reserve decision. Notable losses were seen in growth funds, which experienced a $4.06 billion outflow, while sectors such as industrials and healthcare also reported significant drops. Conversely, U.S. bond funds continued to draw investments, securing $7.37 billion, marking the 22nd consecutive week of inflows.

Source: YAHOO

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