Investors Pour $4.36B into US Stocks

Investors continue to invest heavily in U.S. stock funds, with a net influx of $4.36 billion in the week leading up to November 19th. This marks the fifth consecutive week of inflows, totaling nearly $20 billion. Despite concerns about high valuations in the technology sector, investors are focusing on strong third-quarter earnings, leading to a significant jump in investments. Large-cap funds saw a sharp increase of $6.93 billion, while mid-cap funds experienced a $2.04 billion outflow. Money market funds also saw a $22.89 billion sales, extending outflows for a second straight week. This selective approach by investors indicates a preference for larger companies and certain sectors.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.