US Stock Funds See Largest Outflow in 18 Months Before Fed Meeting

Reported 8 months ago

Investors showed cautious attitude and took profits before the Fed's decision, resulting in US stock funds experiencing the largest net outflow in a single week over the past 18 months. While major stock funds saw a significant outflow, sector funds focusing on specific industries like technology experienced inflows. On the other hand, there was a demand for bond funds, with US bond funds seeing inflows and global stock funds seeing outflows. European and Asian stock funds attracted inflows, along with commodity funds showing mixed results.

Source: YAHOO

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