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U.S. equity funds enjoy big inflows on easing Omicron worries -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: This street sign for Wall Street can be seen at the New York Financial District, U.S.A, on November 8, 2021. REUTERS/Brendan McDermid

(Reuters] – U.S. Equity funds experienced large inflows during the week ended December 22, in part due to easing worries about the Omicron variant, and strong earnings by big companies like Nike Microtechnology (NASDAQ:)

Refinitiv Lipper data shows that investors purchased $27.55 billion of U.S. equity fund and $22.96 million in money market funds.

Graphic: Weekly flows into U.S. mutual funds by asset type: https://graphics.reuters.com/USA-MARKETS/byprjqzxwpe/chart.png

Wall Street’s major indexes saw solid gains, with Thursday marking an all-time high.

Graphic: Flows into U.S. equity sector funds: https://graphics.reuters.com/USA-STOCKS/egvbkozbzpq/chart.png

In contrast to the large outflows of the past week, U.S. bonds funds attracted $1.5billion in the last week.

Graphic: Flows into U.S. bond funds: https://graphics.reuters.com/USA-BONDS/gkplglrqlvb/chart.png

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