Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 27, 2019. REUTERS/Brendan McDermid NEW YORK (Reuters) – U.S. equity stock funds saw $390 million in outflows in the week ended on Wednesday, the fourth straight week of outflows for such funds, according Continue Reading
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U.S. stock funds lose $3.6 billion in week: Lipper
(Reuters) – U.S. equity funds saw $3.6 billion in outflows in the week ended on Wednesday, according to data released on Thursday by Lipper. U.S. taxable bond funds attracted $12.4 billion, the 15th straight inflow, while U.S. money market funds shed $25.3 billion during the period, the largest outflow since Continue Reading
Wall Street Week Ahead: Bruised U.S. banks expected to report third quarter earnings decline
NEW YORK (Reuters) – The biggest U.S. banks are expected to kick off the earnings season on a sour note next week due to falling interest rates, which may have pressured net interest margins enough to cause the sector’s first year-over-year earnings per share decline in three years. FILE PHOTO: Continue Reading
U.S.-based investment-grade corporate bond funds see 14th week of inflows
(Reuters) – Investors gravitated toward the higher-quality spectrum of the credit markets this week, as U.S.-based investment-grade corporate bond funds attracted about $374.5 million in net cash, their 14th consecutive week of inflows. According to Refinitiv’s Lipper research data on Thursday, investors sent roughly $16 billion in net cash to Continue Reading