U.S. stock funds see first weekly inflow in a month

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York
Traders work on the floor of the New York Stock Exchange shortly after the closing bell in New York, U.S., October 2, 2019. REUTERS/Lucas Jackson

October 17, 2019

(Reuters) – U.S. equity funds attracted $4 billion in the week ended Wednesday, the first inflow in four weeks, according to data release by Lipper.

U.S. based taxable bond funds drew $6.3 billion, the tenth straight weekly inflow, while U.S.-based money market funds lost $5.6 billion during the period, first outflow in seven weeks, the Lipper data showed.

(Reporting by Alden Bentley; Editing by Sandra Maler)