ETF Snapshot: Investors continue to pile into US large caps despite market sell-off

Inflows of €10.9bn

Tom Eckett
clock • 2 min read

In the week ending 2 February, investors continued to look to US large caps as their asset class of choice, according to data from TrackInsight, despite the S&P 500 suffering its worst weekly performance in two years.

Investors piled €10.9bn into US large caps following a record €12bn inflows into the asset class the previous week as many saw an opportunity in the sell-off. After a falls in bond markets on 29 January, fears of contagion risk spread into the equity markets with the S&P 500 falling 3.9% in the week ending 2 February, while the Dow Jones lost 4.1%. Warning bond and equity market sell-off has further to run as inflation fears build This week, US markets are nearing a technical correction with the Dow Jones suffering its worst weekly loss since October 2008, plummeting 4.15% to 23,86...

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