US equity fund withdrawals ebb to four-week low amid tech-led Wall Street rally

US equity fund withdrawals ebb to four-week low amid tech-led Wall Street rally

U.S. investors continued to reduce their holdings in equity funds for the fourth consecutive week up to Jan. 24, exhibiting caution ahead of a major inflation report and a Federal Reserve meeting set for the following week. U.S. equity funds saw net withdrawals of $3.04 billion in the week, the smallest in four weeks, as … Read more