U.S. Equity Inflows Hit Six Week Low Amid Fed Caution
U.S. equity inflows fell to $911 million as investors weighed oil prices and Fed policy. Bond funds drew $4.87 billion while money markets saw outflows.
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Insights:
Xurve View
Investors in the United States cut weekly equity fund purchases to $911 million, the lowest level in six weeks.
This represents the smallest net purchase since March 18 as rising West Texas Oil prices and Federal Reserve uncertainty weighed on sentiment.
