Reported 8 months ago
According to a report by Chen Xinwen from Taipei on June 24, 2024, US stock funds have been seeing high inflows, with a net inflow of funds expanding to 20.369 billion USD in the past week, marking the highest weekly inflow since the second quarter. The dominance of US stock funds in global markets continues, with Asian funds excluding Japan seeing a USD 3.66 billion inflow. The strong performance is attributed to sectors like AI and technology, driving risk appetite in investments. The outlook for the stock market remains positive, especially in the tech sector, supported by factors like positive corporate earnings and global economic growth.
Source: YAHOO