US Equity Funds Returned To Inflows In Late August

US equities returned to inflows as the curtain closed on an August to forget for investors. Mutual funds and ETFs focused on US shares took in $4.495 billion in the week to August 30, the latest update from EPFR showed. The modest haul snapped a three-week streak of outflows and came on the heels of the largest exodus since early May, prior to Nvidia's game-changing report. Overall, US-focused funds shed a net $9.88 billion last month. For 2023, the net outflow stands at $16.5 billion. It w