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Inflows To US Stock Funds Accelerate Amid AI Frenzy
US equity-focused ETFs and mutual funds saw their largest inflow of the year over the latest weekly reporting period.
The $12.2 billion haul came on the heels of an $11 billion influx the prior week.
So, this makes back-to-back YTD "bests," and pushes the 2024 net flow solidly into positive territory at around $13 billion.
This month started with the largest outflow since September. That's now recouped. And then some.
Given what happened (again) with Nvidia, it's worth recalling that 2023'
