Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Economy

US equity funds gain sixth weekly inflow on Fed rate cut expectations

admin by admin
December 13, 2024
in Economy
0
US equity funds gain sixth weekly inflow on Fed rate cut expectations
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

(Reuters) – U.S. investors snapped up equity funds for a sixth consecutive week through Dec. 11, spurred by the potential for a Federal Reserve interest rate cut at the upcoming meeting, amid signs of a moderating labor market and cooling inflation.

They acquired a net $6.36 billion worth of U.S equity funds during the week, after a net $8.82 billion worth of additions in the previous week per LSEG Lipper data.

Futures markets predict a 96.7% chance that the U.S. Federal Reserve would reduce rates by a quarter-point at its Dec. 17-18 meeting to support a cooling labor market with about 4.2% unemployment rate in November.

U.S. large-cap and small-cap equity funds experienced strong demand, attracting inflows of $2.33 billion and $2.12 billion respectively. Meanwhile, multi-cap funds garnered $958 million in net purchases, while mid-cap funds saw outflows of $144 million.

In parallel, investors divested $1.22 billion from sectoral funds in the most significant weekly outflow since September 25, with healthcare, consumer discretionary, and financial sectors experiencing liquidations of $898 million, $584 million, and $299 million, respectively.

U.S. bond funds saw a net $4.15 billion worth of purchases during the week, extending a buying trend into the 28th consecutive week.

U.S. short-to-intermediate investment-grade funds garnered $2.95 billion, the largest inflow in three weeks. Additionally, general domestic taxable fixed income and loan participation funds drew substantial inflows of $1.96 billion and $1.06 billion, respectively.

Money market funds, meanwhile, saw a marginal $2.67 billion worth of net outflows following a sharp $121.33 billion worth of purchases in the previous week.

This post appeared first on investing.com

Previous Post

Malaysian workers’ lawsuit against Dyson revived by UK court

Next Post

Turkey fines Google $75 million for violating competition law

admin

admin

Next Post
Turkey fines Google $75 million for violating competition law

Turkey fines Google $75 million for violating competition law

Trending News

Why Bank of America is bearish on Target: find out here

Why Bank of America is bearish on Target: find out here

May 22, 2025
If you invest $1,000 in Snap stock today, here’s your 2025 return

If you invest $1,000 in Snap stock today, here’s your 2025 return

October 24, 2024
Murdoch’s REA ends month-long takeover pursuit of Britain’s Rightmove

Murdoch’s REA ends month-long takeover pursuit of Britain’s Rightmove

September 30, 2024
Subscribe to Insightful Word


    Recent News

    ARB eyes recovery as Arbitrum taps agentic DeFi revolution with $1M grant

    ARB eyes recovery as Arbitrum taps agentic DeFi revolution with $1M grant

    June 5, 2025
    Ripple releases $2.18B in XRP, price dips 2%

    Ripple releases $2.18B in XRP, price dips 2%

    June 5, 2025
    Nintendo Switch 2 launch sees shortages as 2.2M vie for units in Japan

    Nintendo Switch 2 launch sees shortages as 2.2M vie for units in Japan

    June 5, 2025
    Why Bank of America sees 13% upside on Roblox (RBLX)

    Why Bank of America sees 13% upside on Roblox (RBLX)

    June 5, 2025

    Recent News

    ARB eyes recovery as Arbitrum taps agentic DeFi revolution with $1M grant

    ARB eyes recovery as Arbitrum taps agentic DeFi revolution with $1M grant

    June 5, 2025
    Ripple releases $2.18B in XRP, price dips 2%

    Ripple releases $2.18B in XRP, price dips 2%

    June 5, 2025

    Latest News

    • ARB eyes recovery as Arbitrum taps agentic DeFi revolution with $1M grant
    • Ripple releases $2.18B in XRP, price dips 2%
    • Nintendo Switch 2 launch sees shortages as 2.2M vie for units in Japan

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.