U.S. equity funds see renewed inflows amid rate-cut optimism

In the week ended October 15, U.S. equity funds attracted a net inflow of about $1.04 billion, reversing recent outflows. Positive earnings reports and renewed hopes for Federal Reserve rate cuts drove investor confidence. Technology and financial sector funds led the gains, drawing $1.18 billion and $920 million respectively. Meanwhile, outflows continued in money market funds, and mid-cap funds posted moderate gains. The shift suggests return of risk appetite in U.S. markets.