US Equity Funds Close To Erasing $70 Billion Outflow
US equity-focused ETFs and mutual funds have pulled close to erasing a 2023 outflow which at one point came to almost $70 billion.
Funds dedicated to US shares took in almost $10 billion over the latest weekly reporting period, according to EPFR.
It was the third large-ish inflow in four weeks. Since Nvidia's dramatic beat and raise and the resolution of the debt ceiling standoff in D.C., US equity funds have taken in more than $61 billion on net.
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