U.S. stock funds see fourth straight week of outflows: Lipper

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

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