Global Equity Surge Driven by European Gains | Business and Finance News

Global equity funds are on a hot streak, with investors pouring in over $10 billion last week alone—marking the ninth straight week of inflows. Europe leads the charge, fueled by strong earnings and the best profit growth in three years, while Asia sees healthy inflows and U.S. funds experience outflows. Tech, financials, and healthcare funds remain top picks, with tech alone pulling in $2 billion for the fourth week in a row. Bond funds, however, are cooling off, hitting a 16-week low as inflation fears from rising oil prices dampen appetite—though government and euro bonds still draw interest. Money market funds continue to bleed money, while energy, precious metals, and emerging markets see renewed investor interest. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/46c0fa1591e63850