January 26, 2024 BY Simon Mugo
US Investors Keep Withdrawing Funds From Equities for the 4th Week
U.S. equity funds experienced net outflows of $3.04 billion during this period, the smallest amount in the past four weeks. This trend was mitigated by a rally on Wall Street, mainly driven by solid gains in the tech sector following optimistic projections from TSMC and Super Micro Computer (SMCI.O). U.S. value funds witnessed net redemptions…
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