US Equity Funds Face Fourth Week of Outflows
US equity funds recorded a fourth consecutive week of outflows as rising crude oil prices and Federal Reserve rate hike expectations heightened investor caution. Investors withdrew billions from large-cap funds while small-caps saw modest inflows.
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United States equity funds posted $31.44B in outflows over the week to Thursday, driven by surging oil prices and rate concerns. The withdrawal matched the $32B pulled a week earlier. Investors are reducing risk as the Federal Reserve weighs further tightening to combat energy-driven inflation linked to conflict involving Iran.
