U.S. equity funds see second straight weekly outflow amid Iran tensions
U.S. equity funds recorded outflows for a second consecutive week, with investors withdrawing a net $11.12 billion as rising bond yields and oil prices amid renewed Middle East tensions weighed on sentiment.
U.S. equity funds recorded outflows for a second consecutive week, as rising bond yields and oil prices amid renewed Middle East tensions weighed on sentiment, though strong results from AI-related companies helped limit the selloff.Investors withdrew a net $11.12 billion from U.S. equity funds in…