U.S. investors remained net buyers of equity funds for a second consecutive week, supported by solid Q2 earnings and cooling inflation, even as bond selloffs and elevated oil prices created market headwinds.
📌 Key Numbers & Fund Flow Highlights:
- $11.72 Billion Equity Inflows: Largest weekly net purchases into U.S. equity funds since late July.
- 85% Earnings Beat: ~85% of reporting S&P 500 companies surpassed Wall Street expectations.
- $9.92 Billion to Bond Funds: Largest weekly fixed-income inflow since mid-July, led by taxable ($2.63B) and short-term government debt ($1.93B).
- $3.57 Billion Money Market Outflows: Ended a two-week streak of net cash additions.
💡 Market & Sector Breakdown:
- Cap Size Split: Large-cap (+$9.58B) and multi-cap funds (+$1.36B) led gains, while mid-cap (-$809M) and small-cap funds (-$70M) experienced net withdrawals.
- Sector Shifts: Tech funds drew +$287M ahead of Nvidia earnings, while financials (-$1.87B), consumer staples (-$623M), and industrials (-$444M) faced notable outflows.