U.S. investors continued to pump money into equity funds in the seven days to July 24, shrugging off a technology sector selloff to focus on robust corporate...
- U.S. investors continued to pump money into equity funds in the seven days to July 24, shrugging off a technology sector selloff to focus on robust corporate earnings and the possibility of upcoming Federal Reserve interest rate cuts.
Megacap tech names - Tesla and Alphabet-, however, reported lacklustre earnings, extending the slump in technology stocks into a second week.U.S. large-cap funds attracted $9.1 billion in net inflows, down slightly from $10.34 billion the previous week, according to recent data. Meanwhile, multi-cap funds saw inflows of $136 million, contrasting with mid-cap funds which experienced outflows of $684 million.
U.S. bond funds garnered $5.05 billion of inflows during the week, the eighth week net purchases in a row. Energy Plug Announces Memorandum of Understanding with Taiwanese Lithium Titanium Oxide Cell Manufacturer GUS TECH OLDWICK, N.J., July 26, 2024--AM Best’s Dawn Walker appears as a guest in a recent episode of the Insurance Nerds’ Assignment of Benefits Podcast, which has been focusing on Florida’s insurance market, to discuss the state of the Delegated Underwriting Authority Enterprise segment.Economists are split over whether the Bank’s policymakers will decide it is the right time to reduce rates on Thursday.
Global Biodegradable Polymers Market Report 2024-2028: Drivers, Opportunities, Challenges, Emerging Technologies, Trends, Industry Regulations, and the Global Supply Chain
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