Investors Warming To Stock Funds Again As Markets Shake Off Winter Chill
A year that began on a dark note for stock investors has finally started to brighten. As U.S. markets continue a slow climb from a February trough, capital is flowing back into funds that invest in American stocks.
In the week ended Wednesday, $4.6 billion flowed into U.S. stock funds, snapping a nine-week stretch of cumulative outflows. For the first time in 2016, more investors wanted into stock-based mutual funds and exchange-traded funds than wanted out, data from Lipper showed.