U.S. Equity Fund Inflows Drop to Six-Week Low Amid Oil Price Concerns
In the week through April 29, U.S. equity fund inflows fell to a six-week low of $911 million as investors remained cautious due to rising crude oil prices and uncertainty around Federal Reserve policy decisions. Technology stocks saw continued demand with $1.43 billion in net purchases while healthcare funds faced outflows.
Topics: bond market activity equity fund inflows Federal Reserve policy uncertainty