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KM Financial Solutions | U.S. stock funds break longest run on assets since ’16
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U.S. stock funds break longest run on assets since ’16

11 Feb U.S. stock funds break longest run on assets since ’16

Posted at 16:46h in News by
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Investors sent nearly $5.9
billion into mutual funds and exchange-traded funds that hold
U.S. stocks last week, breaking the longest retreat from the
U.S. stock market since 2016, according to data released
Wednesday by the Investment Company Institute.
The inflows came during a week in which China announced
stimulus measures to limit the effect of the coronavirus
outbreak on its economy, and marked just the second time since
late Novembe

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