09 Jan UPDATE 2-U.S.-based stock funds draw $8.74 bln in latest week – Lipper
Investors put money to work in
both U.S. stock and bond markets for the week ended Wednesday,
after soothing remarks by Federal Reserve Chair Jerome Powell
that low inflation would allow the U.S. central bank to be
“patient” in deciding whether to continue raising rates this
year.
U.S.-based stock funds attracted about $8.74 billion in the
week ended Jan. 9, following the previou
both U.S. stock and bond markets for the week ended Wednesday,
after soothing remarks by Federal Reserve Chair Jerome Powell
that low inflation would allow the U.S. central bank to be
“patient” in deciding whether to continue raising rates this
year.
U.S.-based stock funds attracted about $8.74 billion in the
week ended Jan. 9, following the previou
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