Investors put money into US stocks for the first time in 4 weeks - Reuters Lipper
Investors increased their exposure in the US-based equity funds for the first time in four weeks, shows Reuters Lipper data for the week ended July 12.
US-based equity funds saw an inflow of $3.5 billion. Overall, $5.5 billion inflow was noted in exchange-traded stock funds, while $2 billion flowed out of retail-oriented mutual funds.
Non-US funds attracted another $2.9 billion, while ‘Junk’ bond funds witnessed a fourth straight week of withdrawals. Japanese stock funds leaked $799 million, the most since December 2015.
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