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In the week ending July 24, global equity funds experienced their fifth consecutive week of inflows, driven by investor optimism regarding corporate earnings. Despite a notable selloff in major technology stocks, U.S. equity funds attracted significant investments, as reported by Bank of America. Barclays highlighted that UK equities recorded their first weekly inflow since November 2023, according to EPFR data. This trend reflects a broader confidence among investors in the equity markets, as they continue to seek opportunities amid fluctuations in the technology sector.
🔵 US EQUITY FUNDS ATTRACT INFLOWS, DEFYING A TECH SELLOFF Full Story → https://t.co/HKO5Hxg9Ar U.S. investors continued to pump money into equity funds in the seven days to July 24, shrugging off a technology sector selloff to focus on robust corporate earnings and the…
Global equity funds draw fifth weekly inflow on earnings hopes https://t.co/v01AnMY1YW https://t.co/ySGgN0qktX
🔵 GLOBAL EQUITY FUNDS DRAW FIFTH WEEKLY INFLOW ON EARNINGS HOPES Full Story → https://t.co/woO0Js5NW1 Global equity funds witnessed fresh investments in the week through July 24 despite a selloff in leading technology stocks as investors remained optimistic about a…
