US Equity Funds See Outflows Ahead of Tech Earnings

Investors withdrew billions from US equity funds as caution grew over rising AI infrastructure costs. Large-cap and mid-cap funds led the declines. Meanwhile, tech sector funds and bond funds attracted fresh inflows.

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A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, US, October 28, 2026. REUTERS/Jeenah Moon

Investors pulled a net $6.65 billion from United States equity funds in the week ended October 28, marking the first weekly outflows in three weeks.