In the week ending November 27, American investors poured a large amount of funds into stock funds, thanks to the appointment of officials by the new Trump administration and the decline in US Treasury yields, easing concerns about the growth stock outlook.
In the week ending November 27, investors in the usa invested a large amount of money into stocks funds, thanks to the appointment of new officials in Trump's administration and the decline in usa treasury yields, which alleviated concerns about the outlook for growth stocks.
LSEG Lipper data shows that investors bought $12.78 billion in US stock funds, a significant increase from about $3.03 billion a week ago, marking the fourth consecutive week of net inflows.
Last week, Trump picked fiscal hawk Scott Bessemer as the US Treasury Secretary, enhancing market expectations that debt levels will remain under control during his second term.
Large-cap and small-cap funds attracted a total of $5.27 billion and $3.1 billion in inflows, respectively. However, multi-cap and mid-cap funds saw net outflows of $0.419 billion and $1.37 billion, respectively.
Demand for US sector funds was strong, attracting approximately $4.72 billion in net capital, mainly driven by financials, non-essential consumer goods, and technology sectors with net inflows of $2.08 billion, $0.99 billion, and $9.62 billion, respectively.
US bond funds have maintained popularity for the 26th consecutive week, with net inflows of approximately $6.92 billion this week.
Investors continued to net buy $3.01 billion in general domestic taxable fixed-income funds for the 15th consecutive week. US intermediate-term investment-grade funds and mortgage funds also saw net inflows of $1.53 billion and $1.48 billion, respectively.
Meanwhile, investors net sold approximately $2.37 billion in US mmf, compared to a net outflow of $26.82 billion the previous week.
Editor/Rocky