Economic concerns + election caution leads investors to sell U.S. stock funds for fifth straight week
Generated by AI AgentMarket Intel
Monday, Sep 30, 2024 9:20 am ET1min read
LSEG's data showed that investors sold $22.43bn worth of US stock funds in the week ended September 25, the largest weekly net sell-off since December 2022, and the fifth consecutive week of net selling of US stock funds, indicating investors' lingering concerns about the US economic situation and their caution ahead of the US presidential election.
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