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The "bloodbath" continues as the tariff storm and tech stock "earnings kill" lead to over $10 billion in funds fleeing US stocks.
Generated by AI AgentMarket Intel
Friday, Feb 7, 2025 8:53 am ET1min read
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.
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