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US Equity Funds Draw $12B Amid AI Optimism
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Funds flow back into U.
U.S. equity funds attracted net inflows of about $12.06 billion in the week to September 24, reversing two weeks of withdrawals. The return of capital came amid renewed optimism around AI investments (Nvidia’s commitment to OpenAI) and rising expectations of Federal Reserve rate cuts. Large-cap funds led the rally, while mid- and small-caps showed more mixed results as investors tread cautiously.