US equity funds attracted strong investor inflows in the week ended July 29, snapping a two-week streak of withdrawals as renewed confidence in artificial intelligence (AI) and robust earnings from major technology companies lifted sentiment, according to Reuters, citing LSEG Lipper data.
Investors poured a net $11.83 billion into U.S. equity funds during the week, reversing the combined $10.68 billion in outflows recorded over the previous two weeks.
