this post was submitted on 27 Dec 2024
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United States | News & Politics

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Dec 27 (Reuters) - Global equity funds witnessed sharp inflows in the week through Dec. 25, rebounding from significant net sales the previous week, buoyed by a benign U.S. inflation report and relief that Washington had averted a government shutdown, which restored investor confidence in risk assets.

According to LSEG data, investors pumped a hefty $34.38 billion into global equity funds, the largest amount in six weeks, following a net $36.84 billion worth of sales in the week before.

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