$XAU US stock funds lose $3.53 billion in a week
US equity funds experienced selling pressure during the week ended June 24, after concerns about debt-funded spending rising in the technology sector, along with expectations that the Federal Reserve will keep monetary policy tight, prompted investors to scale back their exposure to stocks, according to LSEG Lipper data.
The data showed that investors withdrew about $3.53 billion from US equity funds during the week, a partial reversal of net inflows of $37.63 billion in the previous week, reflecting a rapid shift in risk appetite across financial markets.
#TradebStocks #EtherFalls5.6%To$1555 #USStocksFirstOutflowSinceMarch #USEquityFundsSee$8.5BOutflow #MicronRevenueJumps346%To$41.5B
US equity funds experienced selling pressure during the week ended June 24, after concerns about debt-funded spending rising in the technology sector, along with expectations that the Federal Reserve will keep monetary policy tight, prompted investors to scale back their exposure to stocks, according to LSEG Lipper data.
The data showed that investors withdrew about $3.53 billion from US equity funds during the week, a partial reversal of net inflows of $37.63 billion in the previous week, reflecting a rapid shift in risk appetite across financial markets.
#TradebStocks #EtherFalls5.6%To$1555 #USStocksFirstOutflowSinceMarch #USEquityFundsSee$8.5BOutflow #MicronRevenueJumps346%To$41.5B