Cash Floods into U.S. Stocks as Funds Collect Third-Largest Weekly Inflow

Friday, 20 September 2024, 05:23

Cash floods into U.S. stocks as investors pour $33.8 billion in a week, achieving the third-largest weekly haul since 2022. Global equities also benefit, accumulating $38.6 billion. Positive sentiment overrides concerns about developed market growth, pushing total inflows to outperform recent years.
Marketwatch
Cash Floods into U.S. Stocks as Funds Collect Third-Largest Weekly Inflow

U.S. Stocks Experience Major Cash Inflow

U.S. stocks are witnessing significant cash inflows, as investors contributed $33.8 billion over the past week. This surge marks the third-largest weekly haul since 2022, highlighting the growing confidence among investors.

Global Equities See Positive Momentum

Furthermore, global equities also experienced a revival, collecting $38.6 billion and breaking a two-week trend of outflows. U.S. funds absorbed the majority of these inflows, showcasing a robust interest in the U.S. market.

Investor Sentiment Remains Bullish

Despite recent growth concerns in developed markets, investor sentiment remains positive, overshadowing fears and contributing to a significant week for equities. This year's total inflows into stocks across both emerging and developed markets are already outpacing results from three of the past four years, according to a report by TD Securities based on EPFR data.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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