Investors move back into U.S. stock funds on hopes for trade resolution
Investors ended a 3-week
retreat from Wall Street last week by sending nearly $8.6
billion into mutual funds and exchange-traded funds that hold
U.S. stocks, according to data released Wednesday by the
Investment Company Institute.
The $8.6 billion in inflows was the largest net gain for
U.S. stock funds since mid-June and came as China announced
tariff exemptions on a basket of U.S. goods, igniting investor
hopes that the trade war bet
retreat from Wall Street last week by sending nearly $8.6
billion into mutual funds and exchange-traded funds that hold
U.S. stocks, according to data released Wednesday by the
Investment Company Institute.
The $8.6 billion in inflows was the largest net gain for
U.S. stock funds since mid-June and came as China announced
tariff exemptions on a basket of U.S. goods, igniting investor
hopes that the trade war bet
Posted by Reuters
