Reported about 14 hours ago
U.S. equity funds attracted net inflows of $2.98 billion for the third week through November 20, 2024, driven by positive corporate earnings expectations amid cautious Federal Reserve rates and geopolitical tensions. While inflows declined compared to the previous week's $37.42 billion, sectoral funds saw significant interest, particularly in financials and industrials. Simultaneously, U.S. bond funds recorded $8.29 billion in inflows, marking the highest demand in five weeks, while money market funds faced substantial sell-offs.
Source: YAHOO