US money market funds post largest inflow in six months
US money market funds saw a record 117 billion dollar weekly inflow as investors sought safety amid midterm election results and tech sector spending concerns. Meanwhile, US equity funds reversed previous outflows to gain 14 billion dollars.
United States money market funds pulled in a net $117.97 billion during the week ending November 4, marking the largest weekly inflow in six months. The surge reflects investor caution ahead of midterm elections and rising anxiety over AI cash burn at major technology firms. Safe-haven demand spiked as markets weighed the potential regulatory fallout from the shifting political landscape.
