US EQUITY FUND INFLOWS EASED BEFORE FED DECISION AND BIG TECH EARNINGS
https://media.zenfs.com/en/reuters.com/249992fef8c95b1680ca679ed4bf2ca7
✍️ U.S. equity fund inflows slowed down significantly in the week to October 29 as investors waited for the Federal Reserve's rate cut and earnings reports from big tech companies.
👉 U.S. equity fund inflows cooled significantly in the week to October 29 👉 Investors bought $1.81 billion worth of U.S. equity funds, a sharp reduction from $9.65 billion the previous week 👉 The Federal Reserve trimmed interest rates by 0.25% as expected 👉 Big tech companies like Alphabet, Amazon, and Apple delivered upbeat earnings commentary 👉 Meta Platforms and Microsoft's spending plans disappointed investors
-- #GauravDogra #AlisonWilliams #business
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