The "bloodbath" continues as the tariff storm and tech stock "earnings kill" lead to over $10 billion in funds fleeing US stocks.

U.S. stock funds experienced their fourth weekly outflow in five weeks due to the intensifying geopolitical risks amid President Donald Trump's tariffs and investors' cautiousness about weaker-than-expected earnings from major tech companies, according to data from LSEG Lipper. Investors net sold $10.71bn of U.S. stock funds, marking the largest weekly outflow since Dec. 18, 2024. In contrast, investors net allocated $4.86bn to Asian funds and $1.88bn to European funds.