Global equity funds draw inflows for the seventh week on earnings optimism

Sport

May 8 : Global equity funds attracted inflows for a seventh straight week in the period through May 6, supported by upbeat first quarter earnings and hopes for a U.S.-Iran peace agreement. Investors bought a net $4.35 billion of global equity funds during the week, though this was the smallest weekly inflow since March 18, LSEG Lipper data showed. The MSCI World Index hit a record high of 1,108.94 on Thursday as a rally in technology stocks and strong earnings from chipmaker Advanced Micro

astăzi