US equity fund withdrawals ebb to four-week low amid tech-led Wall Street!
Fri, Jan 26, 2024 6:45 PM

US equity fund withdrawals ebb to four-week low amid tech-led Wall Street!

A Flip by Avya Verma
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U.S. investors cautiously decreased equity fund holdings for the fourth week in a row, amid concerns about inflation and a Federal Reserve meeting. Despite a Wall Street rally led by strong tech sector gains, U.S. value funds saw the largest outflow in five weeks while growth funds attracted new capital after three weeks of outflows. Technology was the most popular sector with a net inflow.

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