US Equity Funds Draw 21.25 Billion Amid Iran Peace Hopes
US equity funds saw 21.25 billion dollars in weekly inflows as geopolitical tensions eased. Strong corporate earnings also supported record highs for indexes.
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Investors in the United States significantly increased their holdings in equity funds during the week ending April 15, as optimism regarding a potential resolution to the conflict with Iran and strong corporate earnings bolstered risk appetite. According to LSEG Lipper data, net inflows into domestic equity funds reached $21.25 billion, marking the fourth consecutive week of sustained buying activity.
