Learn more

In the week leading up to June 12, U.S. equity funds witnessed their largest weekly outflow in 18 months. This comes as investors tread carefully in anticipation of the Federal Reserve’s policy decision. What Happened: Data from LSEG reveals that investors pulled out a net $21.93 billion from U.S. equity funds during the week, the biggest weekly net disposal since mid-December 2022. Despite the Federal Reserve’s decision to maintain interest rates, the S&P 500 and the Nasdaq Composite continued to reach record closing highs for the third consecutive session. This was bolstered by data indicati…

cuu