Inflows To US Stocks Accelerated During S&P’s Summit Push

Four straight weekly gains, four straight weeks of inflows. That was the story for US equities, which headed into Friday's session near record highs achieved in the wake of a (relatively) benign inflation report. US-focused stock ETFs and mutual funds took in $12.1 billion over the latest weekly reporting period, bringing the four-week total to more than $25 billion. The two-week outflow seen during April's pullback is now recouped -- plus several billion. Globally, equity funds took in $1