U.S. stock funds see first weekly inflow in a month

Traders work on the floor of the New York Stock Exchange shortly after the closing bell in New York, U.S., October 2, 2019. REUTERS/Lucas Jackson

(Reuters) – U.S. equity funds attracted $4 billion in the week ended Wednesday, the first inflow in four weeks, according to data release by Lipper.

U.S. based taxable bond funds drew $6.3 billion, the tenth straight weekly inflow, while U.S.-based money market funds lost $5.6 billion during the period, first outflow in seven weeks, the Lipper data showed.

Reporting by Alden Bentley; Editing by Sandra Maler

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